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Slovenia's DZS to sell 46% stake in Terme Catez

Nov 9, 2022, 2:34:49 PMArticle by Radomir Ralev
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November 9 (SeeNews) - Slovenian publishing and tourism group DZS is selling its shareholding interest in resort operator Terme Catez [LJE:TCRG], the latter said.

Slovenia's DZS to sell 46% stake in Terme Catez
Source: Terme Catez

"Terme Catez was informed by DZS that it has started the process of selling its 45.79% ownership stake," the resort operator said in a filing with the Ljubljana Stock Exchange on Tuesday.

The reasons for the sale were not revealed.

In 2017, DZS and Terme Catez entered a process of preventive restructuring of its financial liabilities under which the resort operator sold the entire capital of tourism company Marina Portoroz.

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