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A:
Bids for Belgrade beer industry BIP opened
Belgrade,
14 May 2007
The Serbian Privatisation Agency stated today that bids for the purchase of 4, 726, 265 shares of the Belgrade Beer Industry BIP were opened today.
These shares account for 51.9% of the company's total capital.
Two companies have submitted the offers and these are Pivovarna Lasko from Slovenia and a consortium of legal entities consisting of United Nordic Beverages from Sweden and Alita from Lithuania. Both bidders meet qualification conditions.
The main elements of the bid of Pivovarna Lasko is the purchase price of €2.5 per share, or a total of €11,815,662.5 for 51.9% of BIP's capital, a €9 million worth investment programme and unconditional acceptance of the minimum requirements of the social welfare programme.
The main elements of the bid of the consortium consisting of United Nordic Beverages from Sweden and Alita from Lithuania is the purchase price of €4.52 per share, or a total of €21.4 million for 51.9% of BIP's capital, a €5.1 million worth investment programme and unconditional acceptance of the minimum requirements of the social welfare programme. The official results of the tender will be held after the second session of the tender commission that will be held after the bids have been evaluated and the final rank order of the bids made.
Two companies have submitted the offers and these are Pivovarna Lasko from Slovenia and a consortium of legal entities consisting of United Nordic Beverages from Sweden and Alita from Lithuania. Both bidders meet qualification conditions.
The main elements of the bid of Pivovarna Lasko is the purchase price of €2.5 per share, or a total of €11,815,662.5 for 51.9% of BIP's capital, a €9 million worth investment programme and unconditional acceptance of the minimum requirements of the social welfare programme.
The main elements of the bid of the consortium consisting of United Nordic Beverages from Sweden and Alita from Lithuania is the purchase price of €4.52 per share, or a total of €21.4 million for 51.9% of BIP's capital, a €5.1 million worth investment programme and unconditional acceptance of the minimum requirements of the social welfare programme. The official results of the tender will be held after the second session of the tender commission that will be held after the bids have been evaluated and the final rank order of the bids made.
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