Union Hotels Collection d.d. (LJSE:GHUR) said Axor holding d.d. is in non-binding negotiations with potential investors for the sale of its 75.35% stake in the company. Union Hoteli received a letter from Axor Holding on October 25, 2021, saying that it was conducting non-binding negotiations with potential bidders for the purchase of its stake, the hotel operator said in a filing with the Ljubljana Stock Exchange on Tuesday. At the same time, Axor requested access to certain information about the hotel operator for the purposes of setting up a virtual data room, Union Hoteli said. The board of directors of Union Hoteli provided Axor with the requested information, subject to the conclusion of an agreement on non-disclosure and protection of confidential data, it noted.