The buyer and the purchase amount are yet to be known.

Intereuropa published that the signing of the Sale and Purchase Agreement in the sale process of 72% of all issued shares of Intereuropa d.d. is envisaged to take place today. Signing is still subject to certain steps and confirmations.

72% of the group’s shares are owned by banks which include SID Banka, NLB, Nova KBM, Gorenjska Banka, SKB and Banka Intesa Sanpaolo. As a reminder, banks became the major shareholders as a result of Intereuropa failing to service their debt.

Note that the buyer and the purchase amount are yet to be known.

As a reminder, Intereuropa has had a couple of sale attempts; first time in the beginning of 2016, but they failed to agree on the key terms of the sale with Czech-Maltese Tuffieh Funds.