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Lasko brewery says negotiations with Agrokor proceeding in fair manner

LJUBLJANA, April 20 (Hina) - The management of the Slovenian Pivovarna Lasko (PL) brewery is continuing negotiations on a possible sale of its 23.34-percent interest in the Mercator retailer to Croatia's private Agrokor concern, although the leading Slovenian retail company is trying to organise a new international tender for selling 60 percent of Mercator's equity to a European "strategic partner".

This 60-percent stake is held on the aggregate by the PL brewery and a dozen banks, and the organisation of the joint tender and sale is aimed at ensuring a higher price, the Slovenian media reported on Wednesday.

"PL is continuing the negotiations with Agrokor and they are being held in the fair manner," an unnamed source from the brewery was quoted by the STA news agency as saying.

According to the STA, Agrokor has in the meantime increased its offer from EUR 206 per share to EUR 221.

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