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Dec 27, 2007 20:05 EEST
December 27 (SeeNews) - The Slovenian government said on Thursday it plans to make an initial public offering (IPO) of 34% of the shares of the country's largest insurer, Zavarovalnica Triglav.
The Finance Ministry has to prepare the relevant legislation needed for the IPO, the government said in a statement.
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At its first session for 2008, to be held next month, the government will discuss the ministry's proposals before submitting them to parliament for approval.
The government, which owns 64% of Zavarovalnica Triglav, plans to keep a stake of at least 25% plus one share in Zavarovalnica Triglav.
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