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TERME CATEZ WILL NOT WITHDRAW ITS OFFER FOR SUNCANI HVAR

LJUBLJANA, Feb 5 (Hina) - Slovenia's Terme Catez company announced on Wednesday it would not withdraw its bid for the purchase of Croatia's Suncani Hvar hotel chain.
LJUBLJANA, Feb 5 (Hina) - Slovenia's Terme Catez company announced on Wednesday it would not withdraw its bid for the purchase of Croatia's Suncani Hvar hotel chain. #L# Croatia's daily Slobodna Dalmacija ran an article two days ago claiming that Terme Catez would withdraw its offer for Suncani Hvar. "We did not and will not withdraw our offer for the purchase of a 62.3 percent share, although some would like that. We believe that Suncani Hvar will most probably not be sold, however, not for economic but political reasons," Terme Catez director Borut Mokrovic told Slovene Radio. The Slovene said the Croatian government could simply say that it would not sell the hotel chain, but by making such a move it would lose its credibility. (hina) it sb

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