Slovenia's state-owned postal service agreed to buy a majority stake in local shipping firm Intereuropa. Posta purchased a 72.13% stake in Intereuropa from local banks SID Banka, Nova Ljubljanska Banka, Gorenjska Banka, Nova KBM, SKB Banka, and Banka Intesa Sanpaolo. It is rumored that the value of the deal is €105m ($118m). The transaction will be concluded in the second half of this year, subject to approval from the Slovenian competition watchdog, following which Posta will announce a bid for the remaining shares of Intereuropa.