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EIGHT NON-BINDING OFFERS FOR PRIVATISATION OF SLOBODNA DALMACIJA

ZAGREB, Dec 5 (Hina) - Eight non-binding offers have been submitted for 34.63 percent of interest in the Split-based media company Slobodna Dalmacija. Most bidders are publishers -- six are Croatian, one is foreign, and one is a mixed consortium.
ZAGREB, Dec 5 (Hina) - Eight non-binding offers have been submitted for 34.63 percent of interest in the Split-based media company Slobodna Dalmacija. Most bidders are publishers -- six are Croatian, one is foreign, and one is a mixed consortium. #L# According to unofficial sources, non-binding offers have been submitted by Slovenia's Delo, Austria's Styria, and entrepreneur Josip Radeljak's company Slobodni mediji. They expressed their interest in Slobodna Dalmacija in January. The other offers come from Rijeka's Novi list, Zagreb's Europapress Holding, Interconsulting -- a company believed to have submitted the offer on someone else's behalf, Pojata -- a consortium comprised of Kerum, SEM Marina, Orbico, Adriacink, and Hypo Alpe- Adria Bank, and ACI Group -- the Cleveland-based American Croatian Investment Group. Under a government decision from October, Slobodna Dalmacija should be privatised by making the company keep 25 percent of stock so that it could be transferred free of charge to workers/shareholders, while five percent would be retained in the Croatian Privatisation Fund until further notice. (hina) ha sb

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