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Oct 16, 2007 17:58 EEST
October 16 (SeeNews) - Four shareholders in Slovenian aluminium products manufacturer Impol have sold a combined 45.41% stake for 44.8 million euro ($63.5 million) to affiliated company Impol 2000, one of the sellers said on Tuesday.
Slovenian state-owned investment funds SOD and KAD and management and consultancy company D.S.U., and local private bank Probanka sold the combined stake in Impol at a price of 24.3 euro per share at an auction, KAD said in a statement.
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SOD, KAD, D.S.U. and Probanka offered 1,844,917 shares in Impol, which they owned directly and indirectly. Further details on the shareholders structure of Impol were not immediately available. The company is not listed on the Ljubljana Stock Exchange (LJSE).
Impol (www.impol.si) has said it plans to manufacture 165,000 tonnes of products this year. It expects its sales to to exceed 500 million euro in 2007. Comparative figures were unavailable.
($ = 0.71 euro)
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