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Third stage of state share sale in Coca-Cola Bottlers Uzbekistan completes

Uzbekistan Materials 5 June 2021 11:12 (UTC +04:00)
Third stage of state share sale in Coca-Cola Bottlers Uzbekistan completes

BAKU, Azerbaijan, June 5

By Klavdiya Romakayeva - Trend:

The third stage of the sale of the state share in Coca-Cola Bottlers Uzbekistan ended almost six months after the initial announcement, Trend reports referring to the press service of the State Assets Management Agency (SAMA).

According to the information, the third stage of privatization lasted from April 12 to May 24, during which applicants were given the opportunity to visit the company, conduct a field study, ask additional questions and hold a conversation with the company's management.

In addition, the applicants were presented with a draft contract for the sale and purchase of the state share.

To date, binding price offers and additional offers and comments to the draft sales contract have been received from the bidders.

These proposals were reviewed jointly with the investment bank Rothschild & Cie, the law firm Dentons and the State Tender Commission. It is reported that a decision was made on the final stage of the sale process.

At this stage, additional negotiations will be held with applicants to clarify the price and improve the terms of sale of the state share. The winner of the auction will be announced in accordance with the decision of the State Tender Commission in agreement with the second participant of the company.

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Follow the author on Twitter: @romakayeva

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