January 20 (SeeNews) - Luxembourg-based York Global Finance Offshore BDH is in talks for the sale of its 43.2% shareholdings in Slovenian tourist holding Sava Group to Hungarian fund Diofa Asset Management, Slovenian media reported.
York has received two bids for the stake but is in talks only with Diofa Asset Management and is ready to accept a price of 35 million euro ($39.7 million), private broadcaster Pop TV reported on Wednesday.
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Since 2020, Diofa Asset Management Fund, established in 2009, has been majority-owned by the investment company Indotek Group controlled by Hungarian entrepreneur Daniel Jellinek.
Earlier this month, public broadcaster RTV reported that the Slovenian Sovereign Holding (SSH), the company representing the state's ownership interest in more than fifty companies, plans to examine the possibility for the sale of its 4.25% stake in Telekom Slovenije [LJE:TLSG] and 18.7% stake in Sava Group in 2022.
($ = 0.8813 euro)