Due Diligence at Uljanik Shipyard Extended until January 24

Total Croatia News

Updated on:

ZAGREB, January 17, 2019 – The Pula-based Uljanik shipyard said on Thursday that the due diligence period had been extended until January 24 following additional interest shown by potential investors.

The data room is open from 8am to 6pm on weekdays and from 9am to 1pm on Saturday, January 19.

The company recalled that the deadline for submission of bids for a strategic partnership remained 8pm on January 25.

Economy Minister Darko Horvat said last week that intensive talks were under way with several partners and that it would be clear by January 25 whether they would eventually make a financial offer. He added that “two serious partners” were conducting due diligence.

Horvat said in parliament on Thursday morning that a third potential partner had shown interest on Wednesday and that he was certain that one more would express its interest next week.

More news on the Uljanik shipyard can be found in the Business section.


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