21 September 2010

Exclusive Negotiations between NLB and Mid Europa Partners on the Sale of Business Stake in Mercator

Today, 21st September, NLB signed the contract with Mid Europa Partners to commence exclusive negotiations for selling its 10,75% stake in Mercator. Mid Europa Partners equity fund participated in a tender that NLB managed together with advisory firm Arkas already in the beginning of this year. The contract on exclusivity does not bind NLB to conclude a contract for sale of Mercator shares.

Mid Europa Partners is a leading je private equity fund operating on the territory of Central and Eastern Europe and managing € 3,2 billion worth of funds. Mid Europa already owns two companies in Slovenia, Telemach and Total TV, as well as other companies in other regions where it is present.

NLB Public Relations