A-TEC denies upping RTB investment offer
The winner in a tender to sell RTB Bor, A-TEC, says it has not raised its investment offer by USD 60mn.
Tuesday, 22.01.2008.
13:20
The winner in a tender to sell RTB Bor, A-TEC, says it has not raised its investment offer by USD 60mn. The Austrian consortium thus denied a story that news agencies carried yesterday, which quoted sources with the Bor-based copper mining and smelting company. A-TEC denies upping RTB investment offer "A-TEC consortium is in negotiations with the Serbian Privatization Agency, and is currently on the threshold of signing the sale contract." "After the negotiations have ended, the company will be unconditionally bound to invest EUR 180mn in the next four-year period," a statement from A-TEC said today. The consortium won the tender putting in a bid of USD 466mn and USD 180mn in future investments.
A-TEC denies upping RTB investment offer
"A-TEC consortium is in negotiations with the Serbian Privatization Agency, and is currently on the threshold of signing the sale contract.""After the negotiations have ended, the company will be unconditionally bound to invest EUR 180mn in the next four-year period," a statement from A-TEC said today.
The consortium won the tender putting in a bid of USD 466mn and USD 180mn in future investments.
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