( Editorial: --> 8648 )
ZAGREB/LONDON, Nov 6 (Hina) - The Croatian Finance Ministry, in
cooperation with Daiwa Europe, the London-based global coordinator
of the sale of 14% of shares of the Croatian pharmaceutical company
Pliva on the international market, has decided to postpone the sale
of Pliva shares until further notice due to the current situation on
international stock exchanges, Daiwa Europe public relations
coordinator Dewe Rogerson said. Rogerson's statement was confirmed
by the Croatian Finance Ministry on Thursday.
A two-week roadshow of Pliva shares and the Croatian economy
throughout the United States and Europe has shown considerable
interest of investors in Pliva shares. However, due to changes on
the international market in the last two weeks, it was decided that
it would not be wise to continue the sale of Pliva shares.
The Finance Ministry said that Pliva would not give up the sale of
those shares on the international market.
(hina) jn rm
061627 MET nov 97
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