Luxembourg's Anatol to bid for Slovenia's Cinkarna (updated)
04/06/2018 16:09
(Updates with reports on bid price)
LJUBLJANA, June 4 (Reuters) - Luxembourg's Anatol S.a.r.l.
plans to launch a takeover bid for all of Slovenian metal
products maker Cinkarna Celje CICJ.LJ , Nova Ljubljanska Banka,
which is leading the process, said.
It said on Monday that the bid will be announced within the
next 30 days, giving no further details.
Slovenian news agency STA and daily newspaper Finance said
Anatol is a part of Martens Management Group and would offer up
to 246.52 euros per share for Cinkarna, which would value it at
200.8 million euros ($235 million).
Anatol and Martens Management Group were not immediately
available for comment.
Cinkarna shares were up 8.37 percent after the announcement,
while the blue-chip SBI index .SBITOP gained 0.43 percent.
($1 = 0.8535 euros)
(Reporting by Marja Novak, editing by Louise Heavens and
Alexander Smith)
((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters
Messaging: marja.novak.thomsonreuters.com@reuters.net))