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First stage of Coca-Cola Bottlers Uzbekistan’s state share sale completed

Uzbekistan Materials 10 February 2021 12:02 (UTC +04:00)
First stage of Coca-Cola Bottlers Uzbekistan’s state share sale completed

BAKU, Azerbaijan, Feb. 10

By Klavdiya Romakayeva - Trend:

The first stage of the sale of the state share in the authorized capital of Coca-Cola Bottlers Uzbekistan Ltd. has wrapped up, Trend reports referring to the Information Service of the State Assets Management Agency of Uzbekistan.

The State Asset Management Agency in December 2020 announced its intention to sell a 57.118 percent stake in the authorized capital of Coca-Cola Bottlers Uzbekistan, Ltd. through an open sale process.

It is reported that proposals from applicants interested in acquiring the state share were accepted until January 15, 2021.

The Agency and the Financial Consultant received proposals for the acquisition of a state share from a number of applicants from the countries of Asia, Europe, America, and Africa.

The process of negotiations with these applicants will continue with the participation of international consultants involved in the sale of the state share - Rothschild & Cie investment bank (financial consultant, France) and Dentons law firm (legal consultant, UK).

In addition, the relevant non-disclosure agreements will be signed with the applicants at this stage.

The applicants will be provided with additional information about the company, including the Information Memorandum, financial statements, business plan, reports on the results of studying the legal, financial and tax aspects of the company's activities.

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Follow the author on Twitter: @romakayeva

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