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.

 

"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.

 

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.