Deadline postponed for opening bids for stake in C market

Source: eKapija Tuesday, 28.04.2015. 10:24
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(Photo: Ivana Vuksa)
Deadline to open bids for the acquisition of 16.3 percent of shares in the C market company has been postponed from April 30 to May 18, 2015.
All submitted bids will be opened at 11 AM on 18 May 2015.
Starting price for the given stake in C market is EUR 9.3 million, which is the estimated value of the capital that was put up for sale at the end of 2013.
C market is majority owned by Belgium's Delhaize, while 23.2 percent is owned by the state. The Privatization Agency is selling 70 percent of the state-owned stake, which is 16.3 percent of the outstanding stock, whereas the remaining shares held by the state will be distributed among current and former workers of C market.
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