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First phase of NLB privatisation completed

Ljubljana, 9 November - Slovenia completed the first phase of privatisation of NLB, the country's largest lender, as it sold 59% of the bank in an initial public offering, with the option of extending the offer to 65%. The price was at the lower end of the range, EUR 51.5 per share, a boon to investors but also a cause of political criticism.

Ljubljana
NLB bank logo.
Photo: Daniel Novakovič/STA
File photo

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