4K Invest, a Luxembourg based investment fund, has completed the takeover of Adria Airways, the national flag carrier of Slovenia.

4K Invest’s spokesperson has confirmed ATW that shareholders have recently adopted a resolution according to which Adria’s shares which are not owned by AA International Holding (main shareholder with 99,14% shares) will be transferred to AA International Holding in return for payment.

On March 15, 2016, 4K Invest, through its subsidiary company AA International Aviation Holding GmbH, has acquired 96% of the shares of Adria Airways, an international airline with headquarters in Ljubljana, Slovenia. Adria Airways is member of Star Alliance, the world’s leading alliance of premium airlines.