State funds transfer money to buy out York's stake in Sava

Ljubljana, 28 February - Slovenian Sovereign Holding (SSH) and its affiliate Pension Fund Management (KAD) on Monday transferred a combined EUR 38 million to buy out York's stake and debt in the tourism holding Sava pending regulatory approval.

Ljubljana
SSH chairman Janez Žlak (right) and board member Janez Tomšič address reporters after SSH transfers money to exercise its pre-emptive right to a stake in tourism holding Sava.
Photo: Tamino Petelinsek/STA

Ljubljana
SSH chairman Janez Žlak (right) and board member Janez Tomšič address reporters after SSH transfers money to exercise its pre-emptive right to a stake in tourism holding Sava.
Photo: Tamino Petelinsek/STA

Ljubljana
A press conference held after SSH transfers money to exercise its pre-emptive right to a stake in tourism holding Sava.
Photo: Tamino Petelinsek/STA

The rest of this news item is available to subscribers.
The news item consists of 2.574 characters (without spaces) or 529 words words.

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

ep/mab
© STA, 2022