ZAGREB, October 24, 2018 – The Restructuring and Sale Centre (CERP) said on Wednesday it had received three binding offers for the purchase of a 68.94% stake in the Dubrovnik-based Hoteli Maestral company.ZAGREB, October 24, 2018 – The Restructuring and Sale Centre (CERP) said on Wednesday it had received three binding offers for the purchase of a 68.94% stake in the Dubrovnik-based Hoteli Maestral company.
The Czech companies J&T IB Capital Markets and Eco Investment offered 145.9 million kuna and 141.07 million kuna respectively, while the Zagreb-based company PND Strategija offered 153.5 million kuna.The Czech companies J&T IB Capital Markets and Eco Investment offered 145.9 million kuna and 141.07 million kuna respectively, while the Zagreb-based company PND Strategija offered 153.5 million kuna.
In August, CERP issued a public call for binding offers for the purchase of 355,520 shares (68.94 percent) in Hoteli Maestral at a starting price of 126.8 million kuna. It said then that the main factor in selecting the most favourable offer would be the highest bid.
Hoteli Maestral is Croatia’s last large hotel company majority-owned by the state. Last year, it operated at a profit for the fifth year in a row, generating a net profit of 4.1 million kuna, which was 7 percent higher than in 2016.
