Alpina acquired by Slovenian state bank, Elan to follow

Alpina, the Slovenian maker of ski and outdoor footwear, has been acquired entirely by Bank Assets Management Company (BAMC) the country's state-owned “bad bank.”  BAMC, which was Alpina's largest creditor, agreed earlier this month to convert some of its debt into equity and intends to organize the company's sale. Matjaž ...