Elan's Management Laid Out a Bid to Buy Out Privredna banka

Ljubljana, 19 January - COMPANIES/ELAN
The management of sports gear manufacturer Elan has submitted to the majority owner, Privredna banka of Zagreb, a bid to buy out its lot of shares. The bid was prepared in cooperation with investment banks and will be, as the company reported, examined by the Zagreb bank, which will decide whether the offer is acceptable.