Merkur Sliding into Creditors' Hands

Ljubljana/Naklo, 4 October - Hypo Alpe Adria Bank International issued a call for bids for a 25% stake in Merkur Monday, in what the management of the troubled hardware retailer says is the first step in a process that will see the majority of the company end up in creditors' hands. A public auction for the stake will be held on 15 October.