NKBM selling stakes in three companies, including Petrol
The Maribor-based bank, which was acquired by the US equity fund Apollo Global Management and the European Bank for Reconstruction and Development (EBRD) in April 2016, is selling almost 2% in Petrol, more than 4% in Cinkarna Celje and a 20.9% stake in Terme Olimia.
At the current price of the Petrol share on the Ljubljana Stock Exchange, the bank's stake in the energy company is worth more than EUR 15m. Petrol's biggest single owner is the Slovenian Sovereign Holding, which holds a 19.7% stake.
The bank's stake in Cinkarna Celje is worth around EUR 5.6m on the stock market, while its stake in the spa operator based in Podčetrtek (E) is worth around EUR 1.7m. Both companies are majority state-owned, with the former slated for privatisation.