"Delta Maxi": We are not for sale

Source: Blic Sunday, 27.09.2009. 16:31
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The public in the region is already familiar with the ambitions of "Delta Maxi" to expand the business, which includes potential takeover of "Mercator".

- Slovenian newspapers have published incorrect information on alleged possibility of takeover of “Delta” by “Mercator” - people from “Delta” told “Blic” on September 25th.

According to newspaper "Finance", having sold some properties, "Mercator" is getting ready for takeover of the largest market chain in Serbia. According to the newspaper’s estimates, "Mercator" would have to set aside about 400m EUR to take over "Delta Maxi", and the company from Slovenia would buy half of the Serbian market chain in the first phase, for which they need about 200m EUR.



"Mercator" would make financial structure by means of approved capital and cash. "Delta" would get 20% of stocks, while the rest, that is, 70m EUR, would be provided by “Mercator” from loans and the sale of real estates. "Finance", however, adds that its sources confirm that "Delta Maxi" is not “forced to start panic sale” yet.


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