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TAM Faces Prospects of Part-by-Part Sale

Maribor, 30 March - MARIBOR/TAM
No bids to buy Maribor's bankrupt socialist giant TAM in full have been made during the 10-day period so the administrator of the bankrupt estate will issue a tender to sell the company's property in ten separate parts. The tender will be published within 15 to 20 days and the first auction is to be held at the end of April, when about half of TAM's property will be offered for sale, TAM's administrator Mirko Zagar said Tuesday.

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