PULA, June 10 (Hina) - Six non-binding offers were sent until noon, June 9, the deadline for the presentation of these offers for the injection of fresh capital into the Istarska Bank. The tenders were forwarded from banks and
financial institutions in Croatia, Slovenia, Italy, Great Britain and Hong Kong, said the bank's management board chairman, Milenko Vidulin, on Saturday. The amounts for the capital increase imply the take-over of a major package of shares. Istarska Bank supervisory board and management will decide on the short list of final investors by Friday, June 16. It will be made possible for selected potential partners to carry out the process of due diligence and after that they are to give firm biding offers. The deadline for the submission of biding offers is likely to be the mid July this year.(hina) ms
PULA, June 10 (Hina) - Six non-binding offers were sent until noon,
June 9, the deadline for the presentation of these offers for the
injection of fresh capital into the Istarska Bank.
The tenders were forwarded from banks and financial institutions in
Croatia, Slovenia, Italy, Great Britain and Hong Kong, said the
bank's management board chairman, Milenko Vidulin, on Saturday.
The amounts for the capital increase imply the take-over of a major
package of shares.
Istarska Bank supervisory board and management will decide on the
short list of final investors by Friday, June 16.
It will be made possible for selected potential partners to carry
out the process of due diligence and after that they are to give firm
biding offers.
The deadline for the submission of biding offers is likely to be the
mid July this year.
(hina) ms