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Major Shareholders Believe Lek Takeover Will Be a Win-Win Situation

Ljubljana, 21 October - Drug maker shareholders have deemed the SIT 105,000 (EUR 459) per Lek share acceptable. The Swiss bidder offered the higher price on Saturday, after negotiations with the major shareholders. These - Pension Fund Management (KAD), Restitution Fund (SOD), National Financial Fund (NFD), and management fund Triglav - signed an agreement to sell their stock in Lek at such a price, was said at Monday's press conference. The shareholders also said that Novartis would pay for the stock part in tolars and 20 percent in euros.

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