Posta Slovenije d.o.o. agreed to acquire 72.13% stake in InterEuropa d.d. (LJSE:IEKG) from SKB banka d.d. (LJSE:SKBB), Nova Ljubljanska Banka d.d. (LJSE:NLBR), Banka Intesa Sanpaolo d.d., Gorenjska banka, d.d. (LJSE:GBKR), Nova Kreditna Banka Maribor d.d. and SID - Slovenska izvozna in razvojna banka, d.d. for €13.2 million on May 10, 2019. Pursuant to the terms, Posta Slovenije will pay €1.45 per common and preferred share. Posta Slovenije is now expected to publish a take over bid for the outstanding stock in line with competition law.

The transaction is subject to approval from the Slovenian competition. As of September 5, 2019, Pošta Slovenije has received clearance from anti-trust authorities to acquire Intereuropa. As of November 11, 2019, all of the conditions precedent for the finalization of the sale of InterEuropa d.d. have been met.

The transaction will be concluded in the second half of this year. As of November 11, 2019, the transaction is expected to close in November 13, 2019. As of PwC Svetovanje d.o.o. acted as financial advisor to the sellers.

Alantra acted as financial advisor to Post of Slovenia.