February 12 (SeeNews) - Croatia's centre for enterprise restructuring and privatisation, CERP, said on Monday it has accepted a bid by Swiss firm Immo Invest Partner to buy wholly-state owned tourism company Club Adriatic for 54 million kuna ($8.9 million/7.2 million euro).
CERP did not provide any further details in the statement posted on its website.
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In December, CERP said the Swiss company lodged the sole binding bid in a tender for a 100% shareholding interest in Club Adriatic.
Since October 10, 2014 Club Adriatic has been in a pre-bankruptcy procedure, which is currently at a standstill because of administrative disputes.
(1 euro=7.4468 kuna)