Heineken wires EUR 120m, takes control of majority stake in Laško

Ljubljana, 15 October - Heineken paid on Thursday EUR 119.5m for a 53.43% stake in beverage group Pivovarna Laško. Moreover, the Dutch buyer provided additional EUR 185m for the group to repay its debt. Dušan Zorko, who will remain at the helm, told the press that "Laško no longer owes anything to anybody but Heineken".

Ljubljana Pivovarna Laško CEO Dušan Zorko (left) and Heineken Europe president Stefan Orlowski (right) talking to the press. Photo: Tamino Petelinšek/STA

Ljubljana
Pivovarna Laško CEO Dušan Zorko (left) and Heineken Europe president Stefan Orlowski (right) talking to the press.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 1.395 characters (without spaces) or 276 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

mas/ep
© STA, 2015