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Pivovarna Lasko Says State Should Buy Mercator Stake, Delo Says

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Feb. 10 (Bloomberg) -- Pivovarna Lasko Group d.d. said the state should buy its 23 percent holding in Mercator Poslovni Sistem d.d. via its agencies to help the company ease its debt burden, Delo newspaper reported, citing Dusan Zorko, the chief executive officer of the Slovenian drinks company.

Kapitalska Druzba d.d. and Slovenska Odskodninska Druzba d.d., the state-owned financial companies or the agency for managing state assets, should step in as Pivovarna Lasko “isn’t a stable partner” as owner of Mercator, Zorko was quoted as saying in the interview with the Ljubljana-based newspaper.

The drinks company needs to repay 150 million euros ($199 million) of loans by end of March and Zorko hopes banks will reprogram the debt, Delo 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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