Owners of food retailer Mercator get two bids for their majority stake
date:May 14, 2013
to buy Mercator last year, and investment fund Mid Europa Partners.

Agrokor and Mid Europa Partners declined immediate comment.

The media said Agrokor was the highest bidder, offering 415 million euros ($538 million) for Mercator, or about 110.2 euros per share, down from 221 euros per share it offered last year.

Mercator shares closed 5.67 percent lower at 104 euros per share on Monday while the blue-chip SBI index gained 0.42 percent.

The shares fell on unofficial reports that the bids ar
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