Beverage maker Pivovarna Lasko and investment firm Infond Holding have opened a tender offer for their jointly-held 48.34% stake in Slovenian food retailer Mercator.
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“Only bidders with the most interesting bids will be able to participate in the second phase … and perform due diligence,” Pivovarna Lasko and Infond said in a statement yesterday (8 December).
The companies have not set a timeframe for the sale. A spokesperson for Infond told just-food that the time a sale would take depended on the number of bidders. The spokesperson declined to comment further on the news.
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In September, a tender was also launched to sell energy and tourism group Istrabenz’s 10.08% stake in the company.
When contacted by just-food, Mercator declined to comment on the change in ownership.
A spokesperson for the retailer said that Mercator’s day-to-day operations would continue undisturbed. “It is business as usual,” the spokesperson said.
