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Pivovarna Lasko Confirms Attempt to Take Over Slovenia's Second Largest Brewery

Ljubljana, 11 July - After the business daily Finance on Wednesday reported that the largest Slovene brewery, Pivovarna Lasko, intends to acquire a large stake in Pivovarna Union, Slovenia's second largest brewery, the Ljubljana Stock Exchange (LJSE) suspended trading in shares of both companies. STA was told by a well-informed source close to Pivovarna Lasko that the brewery, together with Radenska, its soft-drinks subsidiary, is to acquire from 20 to 24.9 percent of Pivovarna Union shares.

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