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Heineken Raises Stake in Laško to 96.92%

Dutch brewer Heineken has raised its stake in Pivovarna Laško, Slovenia’s largest brewery, to 96.92% following a takeover bid for Laško’s outstanding stock.  Holders of a combined 43.49% of Laško accepted Heineken’s offer of EUR 25.56 per share, the same amount Heineken paid for a majority stake in the spring, according to a release published in Delo newspaper on Monday. ...

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Heineken Makes Takeover Bid For Outstanding Laško Stake

Dutch brewer Heineken published a bid on Tuesday to complete the takeover of the Slovenian beverage group Pivovarna Laško after acquiring a majority stake earlier this year. According to the notification in the daily Delo, Heineken is offering EUR 25.56 a share for the remaining 46.57% stake it does not own already. The offer is open from 18 November until ...

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Heineken wires EUR 120m, takes control of majority stake in Laško

Heineken paid on Thursday EUR 119.5m for a 53.43% stake in beverage group Pivovarna Laško. Moreover, the Dutch buyer provided additional EUR 185m for the group to repay its debt. Dušan Zorko, who will remain at the helm, told the press that “Laško no longer owes anything to anybody but Heineken”. The core company, Pivovarna Laško, will get EUR 141m, ...

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