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KAD and SOD Sell Controlling Stake in Splošna Plovba

Ljubljana, 26 April (STA) - State-owned funds KAD and SOD on Thursday sold their joint 25.05% stake in shipping group Splošna plovba to Germany's Döhle, which already holds over half of the viagra online canada Portorož-based company, for about EUR 60m, KAD said in a press release.

The two funds retained a controlling share in 2007 when they sold almost 30% in Splošna plovba to German shipping magnate Peter Döhle, but the online order viagra overnight delivery contract included a put option allowing them to offload their remaining share to Döhle by the canadian viagra and healthcare end of 2012 under the buying cialis same conditions.

They decided to exercise this right in the buy brand viagra light of their financial obligations and how can i get some cialis after a public call for bids in January this year failed to produce higher bids for the viagra no perscription usa shares.

The funds have been stressing since last week that they had little benefit from the generic cialis in india company's profit and viagra pfizer online that the find cialis on internet sale was needed to optimise their cash flows.

Infrastructure and get viagra fast Spatial Planning Minister Zvonko Černač voiced the viagra on line belief on Tuesday that a "wise decision" would be taken at the end between a good bargain that would be lost after 2012, and Slovenia's strategic interest to make sure the company stays in the country.

Splošna plovba chairman Egon Bandelj told the STA today that he was strongly against the sale of the controlling stake, which he believes will cause irreparable damage for Slovenia.

The Capital Assets Management Agency (AUKN) said it would not take positions about the sale, adding that Slovenia had still not adopted a capital assets management strategy and mail order cialis that it was still unclear how SOD would cover its financial obligations in the long run.