The Slovenian Pivovarna Lasko brewery (PL) has convened its general shareholders' assembly for 30 January 2012, at which the brewery's owners, including the largest individual stockholders -- Nova Ljubljanska Banka and the KAD state fund -- will decide on the injection of fresh capital, the rescheduling of financial obligations and possible sale of the brewery's interest in the Mercator retail company.
The invitation to the shareholders meeting, including its agenda, was published on the Ljubljana Stock Exchange on Thursday.
The assembly is expected to decide on a possible arrangement with banks on the refinancing of the brewery's debts in the amount of 300 million euros due next year.
One of the items on the agenda is the management's proposal to sell PL shares in Mercator to Croatia's Agrokor private concern at the price of EUR 221 per share.
The management, however, does not suggest the sale of the entire PL interest in Mercator, but rather offering Agrokor to buy 8.43 percent of Mercator shares.
According to the Slovenian media, details of Mercator's plan to take over the brewery are likely to be made public until the PL shareholders' assembly.
A recent statement by Mercator CEO Ziga Debeljak about the retailer's plan to acquire the brewery has met with different reactions in Slovenia, with most commentators saying the purpose of that move was to block Agrokor and deter its plans to buy 52.10 percent of the leading Slovenian retailer.
