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Oct 29, 2007 14:13 EEST
October 29 (SeeNews) - Slovenian blue-chip brewer Pivovarna Lasko has placed a bid for 7.06% of its capital owned by state-owned investment fund KAD, the company said on Monday.
Pivovarna Lasko has made a bid to buy 617,488 of its shares, equal to a 7.06% stake, the company said in a statement.
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Last month local state-owned investment funds SOD and KAD invited bids for stakes they hold in 46 companies, including Pivovarna Lasko. Interested investors faced a 12 a.m. (1100 GMT) deadline on Monday to place their bids.
Shares in Pivovarna Lasko lost 1.2% to an average price of 97.42 euro ($140.48) on the Ljubljana Stock Exchange on Monday.
($ = 0.69 euro)
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