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Slovenia Opposes EBRD Mercator Sale Involvement, Ministry Says

Dec. 16 (Bloomberg) -- Slovenia opposes the European Bank for Reconstruction and Development’s participation in a “possible hostile takeover” of retailer Mercator Poslovni Sistem d.d. by Agrokor d.d., The Finance Ministry said in a statement in Ljubljana today.

The ministry believes the takeover of the supermarket chain by its Croatian rival would have significant negative implications for Slovenia’s economy, it said.

To contact the reporter on this story: Boris Cerni in Ljubljana at bcerni@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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