(Vienna/Ljubljana) The Slovenian antitrust authority (Urad Republike Slovenije za varstvo konkurence) has granted its approval in accordance to Slovenian legislation as of today for the acquisition of 81.01% of the Ljubljana Stock Exchange announced by the Vienna Stock Exchange in June.
"We welcome the decision of the Slovenian authorities," stated Heinrich Schaller, Member of the Management Board of Wiener Börse AG. "Now, we are in a position to start working together with our Slovenian partners,” Mr. Schaller added. As an example of an effective measure that would be able to be implemented rapidly, he mentioned the connection of the Ljubljana Stock Exchange to the data vending network of the Vienna Stock Exchange (Budapest, Bucharest, Sarajevo and Banja Luka).
Alongside the stake it holds in the Ljubljana Stock Exchange, the Vienna Stock Exchange also holds a 68.8% stake jointly with Oesterreichische Kontrollbank in the Budapest Stock Exchange. Additionally, it collaborates closely – without any cross-holdings – with the Bucharest Stock Exchange. The Vienna Stock Exchange has also signed cooperation agreements with many other stock exchanges from the region of Central and Eastern Europe.