Interbrew-Proposed Capital Injection of Union Fails at Assembly
Ljubljana, 2 September - The shareholders of Slovenia's second-largest brewer Pivovarna Union on Monday failed to endorse a proposal by Belgian brewer Interbrew to provide a capital injection to the Ljubljana-based brewer. This outcome was expected, as Union's largest shareholder Pivovarna Lasko - Interbrew's rival for the takeover of Union - was opposed to the move which would effectively give Interbrew victory in the battle for control of Union.
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