The Slovenia Times

State Fund Selling 1.5% in Laško to Existing Shareholders

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The call, which expires on 26 June, is intended for the existing shareholders of Laško, which are expected to buy DSU's shares in proportion to their existing stakes.

According to the call for bids, DSU's shares can be purchased by entities that are registered as the shareholders of Pivovarna Laško as of 8 June. They can buy one share for every 64 shares they hold.

The price of EUR 15.74 per share is by around EUR 10 lower from the successful bid by Dutch brewer Heineken, which signed in April an agreement to purchase a 51.1% stake in Laško from a consortium of owners.

The deal with Heineken still needs to be approved by the anti-trust authorities, after which Heineken has to publish a takeover bid for the outstanding Laško stock offering the same price to all shareholders.

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