SSH offering EUR 27.50 a share in Terme Olimia takeover bid

Slovenia Times
10. April, 2021
Ljubljana – Slovenia Sovereign Holding (SSH) published a takeover bid for spa operator Terme Olimia on Friday, offering EUR 27.50 per share for a total of just over 158,000 shares. The offer stands until 10 May unless extended, according to the bid published in the newspaper Delo.
The move comes nearly a month after the SSH published a letter of intent on its own behalf and the behalf of other state-owned companies acting in coordination with the holding.
The state already holds shares in Terme Olimija through state-run fund Kapitalska Družba, rail operator Slovenske Železnice and the Bank Assets Management Company. The bid applies to the all the remaining shares not owned by the state.

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