SLOVENIA: Slovenian companies bid for Pivovarna Lasko
Slovenia's largest brewer Pivovarna Lasko has received a buyout bid from four domestic companies, according to local reports.
The brewer said yesterday (12 February) that the bidders - financial companies Infond Holding and Fidina, construction company Cestno Podjetje Maribor and trading company Koto - have made an offer of EUR88 per share.
The companies are looking to buy out the remaining shares in Lasko. Koto already owns over 3m shares, while Infond has a 24.4% stake in the brewer.
The buyout bid expires on 11 March.
Last October, Lasko saw net profit for the first nine months of 2007 rise to EUR14.77m (US$21.3m) from EUR6.84m for the same period the previous year. Group net sales between January and September were up by 6.8% on the year to EUR224.03m.
Sectors: Beer & cider
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