Croatian food producer and retailer Agrokor today (6 October) refused to speak about its rumoured interest in buying Slovenia-based retailer Mercator.
Local media in Slovenia have reported that Agrokor plans to offer EUR221 (US$294.8) per share for the retailer, but when a spokesperson was contacted by just-food they refused to confirm or deny the report.
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“Unfortunately at this stage we can not comment on anything related to the Mercator transaction”, they said.
In March, Mercator said it had received a letter from Agrokor in which the Croatian firm expressed an interest in a “strategic combination” and wanted to start talks.
Eleven owners of Mercator, among them beverage producer Pivovarna Lasko and Slovenia’s largest bank Nova Ljubljanska Banka NLB, put 50.03% of Mercator up for sale in September with a deadline for bids of 17 October.
Shares in Mercator dropped 1.53% to 161 at 12:19 BST.
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By GlobalData
