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CKA plans to sell Korado to Odien but ASOK offers more --press.
(From Czech News Agency)
PRAGUE, Dec 1 (CTK) - Bail-out Ceska konsolidacni agentura (CKA) wants to sell the shares and claims of radiator producer Korado to Czech Radiators partially owned by Odien, although the rival offer of ASOK was Kc100m higher, writes the weekly Euro due to be published on Monday.
Czech Radiators offers Kc1.036bn for 100 pct of shares and a claim in one of the leading European radiator producers. ASOK offered Kc1.15bn, Euro writes.
CKA, which owns 34 pct in Korado, made the decision on the advice of the organiser of the tender CAIB. CAIB believes Odien's offer is not linked to as ...
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