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Review of the Slovene Economy from 17 to 23 August

Ljubljana, 25 August - Largest Slovene pharmaceutical Lek was invited to engage in takeover negotiations with an anonymous buyer, possibly an U.S. or European company, which caused a great stir on the Ljubljana Stock Exchange and boosted the SBI 20 index to nearly hit 3,000 points. As Slovenia's seems to be increasingly attractive for takeovers, the brewers' war is still on after the rival bids for the takeover of Pivovarna Union by Belgium's Interbrew and Slovenia's Pivovarna Lasko expired this week, both with successful outcome. Interbrew even offered to buy off all Lasko's shares in Union, but the largest Slovene brewer has not responded to the offer.

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