ZAGREB (Croatia), September 10 (SeeNews) – Polish privately-held steel manufacturer and distributor Zlomrex has sold 223,060 shares of its steel mill Zeljezara Split to London-based Carlson Private Equity Limited, the British company said on Thursday.
The shares, which are representing a 95.86% of shareholders’ votes, were sold for nominal price of 1,200 kuna ($238/164 euro) per share on September 8, Carlson Private Equity Limited (www.carlsonfunds.co.uk) said in a statement.
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Zlomrex bought 89.34% of the indebted Croatian steelworks for 10.1 million kuna from the government in Zagreb in 2007 and increased its stake later.
Zeljezara Split shares were last traded on November 20, 2008 on the ZSE, when they closed unchanged at 250 kuna.
Carlson Private Equity as the special situations and turnaround fund was formed to invest in underperforming small to medium-sized "traditional economy" businesses across Europeand Asia. It is also involved in aircraft leasing and real estate investments in Central and Eastern Europe.
(1 euro = 7.3229 Croatian kuna)