Gorenjska Banka halts acquisition of Sberbank Slovenija

Ljubljana, 28 February - It is not viable to proceed with the acquisition of the Slovenian subsidiary of Sberbank in the current situation, Gorenjska Banka said on Monday after the former's operation was limited in the wake of sanctions against Russia. Gorenjska Banka noted it had not assumed any contractual obligations in the acquisition process so far.