Zagreb Stock Exchange invests in Ljubljana

Mon, 03/08/2015

CEE Stock Exchange Group is selling the Ljubljana Stock Exchange to the Zagreb Stock Exchange. By Jelena Bilusic, Relationship Manager, GSS Croatia                  

 

The Zagreb Stock Exchange has signed an agreement to take over 100% of the Ljubljana Stock Exchange shares from the CEE Stock Exchange Group (CEESEG).

The Zagreb and the Ljubljana Stock Exchange share a similar development path and financial system framework with markets being very similar by the degree of their development, structure and potential. Shared technology and uniform standards will benefit both regional and large international clients.

Upon approval by regulatory authorities of both countries and following a capital increase by the Zagreb Stock Exchange, the transaction is expected to be completed in the last quarter of 2015.

Both parties agreed to not disclose the price of the transaction.