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Mercator Sale Helps Stabilize Slovenian Banks Amid Crisis

The sale of Mercator Poslovni Sistem d.d. to Croatia’s Agrokor d.d. will inject needed cash into Slovenian banks, helping stabilize the country’s financial system as it scrambles to avert a bailout, the sellers said.

“A successful sale of Mercator would increase capital inflow to its shareholders, including the financial institutions that need additional capital,” a sellers group said by e-mail on June 14 through Ljubljana-based PR firm Futura. “This would help stabilize Slovenia’s banking system in accordance with European Union demands.”