Eight Bidders Interested in 36% of Mercator

Ljubljana, 9 February - A group of banks which own a combined 36.4% stake in retailer Mercator received eight non-binding bids by the Monday deadline. The bidders will now be shortlisted, whereupon they will be allowed to carry out due diligence of Slovenia's largest retail chain, Arkas, the company representing the banks, said Tuesday.

Ljubljana
Mercator chairman Ziga Debeljak comments on the sale of a 36% stake in the retailer after a session of the Strategic Council for the Economy.
Photo: Tina Kosec/STA

Ljubljana
Mercator chairman Ziga Debeljak comments on the sale of a 36% stake in the retailer after a session of the Strategic Council for the Economy.
Photo: Tina Kosec/STA

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