date:May 14, 2013
e much lower than a year ago, which creates doubt whether the owners will be willing to sell, said Luka Flere of investment firm KD Skladi.
If the sale process fails once again, the shares could fall further, he added.
A similar sale process was stopped in early 2012 when the previous Mercator management refused to give Agrokor access to perform due diligence on the firm.
At that time, Agrokor had submitted the highest bid, valuing Mercator at 832 million euros, according to local media.
Mer