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Italian fund scraps plan to acquire Cimos - Slovenian media

Author: Ivana Tomičić Šušak

ZAGREB, Feb 27 (Hina) - The Italian fund Palladio Finanziaria has backed out of the takeover of Cimos because the agreement between the Croatian and the Slovenian government regarding the Koper-based company's debt to the now-defunct Rijecka Banka and the outstanding issue of the Slovenian company's ownership of Cimos real state in Croatia's Istria is late, the Slovenian media reported on Monday.

(Hina) its

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