“The company Hisense Luxembourg Home Appliance of the Chinese group Hisense published a takeover bid on Tuesday for the household appliances maker Gorenje. It is offering 12 euro ($13.84) per share for the 67% of the company it does not already own.

No success threshold has been set for the takeover offer, which was published in today’s Delo and is open until 26 June.

Hisense said in a statement today that it would preserve the ‘stability of management and jobs’ at Gorenje and strive for long-term development of the company, whose seat would remain in Velenje.” (Slovenia Times)