Croatian food retailer Agrokor has reportedly placed an offer to buy a majority stake in Slovenian retailer Mercator.
News agency Reuters reported today (19 October) that Agrokor has put in a bid for an undisclosed sum.
Neither Mercator or Agrokor were available for comment.
There have been a number of rumours around Agrokor’s interest in Mercator. Earlier this month Slovenian media reported that Agrokor planned to offer EUR221 (US$294.8) per share for the retailer.
Eleven owners of Mercator, among them beverage producer Pivovarna Lasko and Slovenia’s largest bank Nova Ljubljanska Banka NLB, put 50.03% of the retailer up for sale in September.
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By GlobalData