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Podravka Acquires Majority Stake in Žito

Ljubljana, 21 April - Croatian food group Podravka acquired a 51.55% stake in Žito, one of Slovenia's biggest food companies, for EUR 33m or EUR 180.1 per share, a price described by the Slovenia Sovereign Holding (SSH) as "good".

Zagreb, Croatia
Croatia's Podravka acquires Slovenia's bread and pasta producer Žito.
Photo: Hina/STA

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