Prime Minister Zoran Milanovic’s cabinet agreed today to start seeking a buyer for 49 percent in the money-losing carrier, part of a plan to shore up Croatia’s public finances by selling state companies. It will keep a 50.25 percent stake…
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It will be interesting to see whether Croatia will give up management control to the new 49% equity partner. Serbia made that decision in it’s deal with the UAE’s Etihad Airways. Okay -˝made˝ may be a euphamism as they may have had no other choice.