Sava Bid for Terme 3000 Successful, Extended by Two Weeks

Kranj, 6 February - The chemical company Sava has succeeded with its bid for the takeover of spa operator Terme 3000, as it acquired 46.7 percent of all Terme 3000 shares. Yet because the bid was successful less than two weeks before it expires, it has been automatically extended by two weeks, until 25 February, in line with the act on takeovers, Sava reported Friday.