Slovenian govt fund approves the sale of Paloma

Fri Nov 20, 2015 3:15am EST
 
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LJUBLJANA Nov 20 (Reuters) - The Slovenian Sovereign Holding (SDH) state-owned investment fund has approved the sale of its 71-percent stake in hygienic tissue producer Paloma, SDH said in a statement on Friday.

It gave no details on the buyer or the sale price due to a confidentiality agreement.

Unlisted Paloma is one of 15 firms earmarked for privatisation in 2013. So far, six have been sold. (Reporting by Marja Novak; editing by Jason Neely)