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KAD sells its 16% stake in Gorenje

Ljubljana, 26 June - KAD, a sate-run fund, accepted Tuesday Chinese group Hisense's takeover bid for Slovenian household appliances maker Gorenje, deciding to sell its 16.37% stake, Gorenje said in a release after KAD had notified it of its decision.

Velenje
Household appliance maker Gorenje's logo.
Photo: Vesna Pušnik Brezovnik/STA
File photo

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