This is in line with the contract that Pošta Slovenije made with a consortium of sellers, comprising SID Banka, NLB, NKBM, Gorenjska Banka, SKB Banka and Banka Intesa Sanpaolo, on 10 May.

The takeover was green-lighted by the Competition Protection Agency at the beginning of the month.

There was much speculation about the value of the deal, with the business daily Finance reporting of a EUR 40 million range, or EUR 100 million together with debt.

But the amount revealed today is closer to the stock market value of the 72% stake, which was estimated at roughly EUR 30 million at the beginning of the month.

Pošta Slovenije is now expected to publish a takeover bid for the outstanding stock in line with competition law. The price per share is also set at EUR 1.45.

Last Friday, a share of Intereuropa was worth EUR 2.54 on the Ljubljana Stock Exchange.