May 23 (SeeNews) - Antonios Xatzidiamantis, president of Greek company Hellenic Sugar Industry, has said the company expects to receive binding bids in a tender for the sale of its two factories in Serbia by the end of June, Greek media reported on Tuesday.
A total of nine investors from Western Europe and Serbia have qualified for the final stage of the tender and all of them are expressing strong interest in the purchase of the two factories, Greek news agency ANA quoted Xatzidiamantis as saying.
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According to Serbian media reports, local sugarmaker Sunoko is among the investors interested in acquiring the two factories located in Zabalj and Crvenka, in northern Serbia.
The tender was launched in January, ANA said.
In November, the former president of Hellenic Sugar Industry, Christos Rossios, said the combined minimum selling price of the two factories was set at 25 million euro ($28.1 million) and the deal would allow Hellenic Sugar to repay debt and resume efforts to expand internationally.
Hellenic Sugar Industry owns 92.6% and 87.5% of the capital of the companies operating the two factories, respectively.