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Sale and Purchase Agreement for 91.58% Shareholding in Adria Airways Signed

Following successful negotiations, on behalf of the Republic of Slovenia and on their own behalf, Slovenian Sovereign Holding, together with Bad Asset Management Company, signed a Share Purchase and Sale Agreement for 91.58 % shareholding in Adria Airways. The Contract includes a capital increase by the Republic of Slovenia in the amount of EUR 3.1 million and a capital increase by the buyer, 4K Invest, in the amount of EUR 1 million, and a purchase price for SSH, RS and BAMC in the amount of EUR 100,000.00 EUR. 4K Invest, one of the leading turnaround specialist in Europe, in addition to the paying-up of capital, will provide for the viability and the development of the Slovenian national airliner, and enable other long-term positive impacts.

More: http://www.sdh.si/en-us/Novica/1172

 


 

Aerodrom Ljubljana and Fraport AG congratulate 4K Invest on becoming the new majority shareholder of Adria Airways, our major business partner and home base carrier at Ljubljana Airport. We look forward to continuing our strategic cooperation built on a longstanding and successful relationship since the founding of both companies in the sixties.
 

Zg. Brnik, 21. 1. 2016