September 15 (SeeNews) - Slovenian hardware retailer Merkur has acquired 145,000 shares in rubber-to-tourism holding company Sava which represents a stake of 7.22%, Sava said on Tuesday.
“After this transaction the company Merkur d.d. owns 9.29% of all shares that were issued by Sava,” the holding company said in a statement filed with the Ljubljana Stock Exchange (LJSE).
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The value of the transaction was not disclosed.
Merkur trades in building materials and instruments, household appliances and home electronics. It operates retail outlets in Slovenia, Croatia, Serbia, Bosnia and Macedonia.
No trading data on Sava shares was available from the LJSE website by 1245 GMT on Tuesday. They closed down 0.35% at an average price of 229.10 euro ($334.7) on Monday.
($=0.6853 euro)