Friday, 16th March 2018, Velenje
Gorenje receives seven non-binding offers for Gorenje Surovina
In-line with its strategic focus on its core business, Gorenje is continuing the process of selling Gorenje Surovina and its affiliated companies. By March 16, 2018, we have received seven non-binding offers from strategic and financial investors. Following the analysis of all offers received, we have invited five potential investors into the due diligence for Gorenje Surovina and its affiliated companies.
In the due diligence process, beginning in the week, commencing on March 19, 2018, selected potential investors will be granted access to the virtual data
room, visits to selected locations of Gorenje Surovina and its affiliated
companies as well as meetings with managements of these companies.
In-line
with the process documentation, at Gorenje we expect binding offers for the
purchase of Gorenje Surovina, d. o. o., and its affiliated companies to be
submitted by no later than May 29, 2018.
We shall duly inform the public about the
progress of divestment in accordance with Ljubljana and Warsaw Stock Exchange
rules and relevant legislation.