Mystery surrounds potential Galenika buyers

Four companies have bought the documentation in the tender organized to sell Serbia's state-owned pharmaceutical giant Galenika.

Izvor: B92

Sunday, 21.02.2010.

13:14

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Four companies have bought the documentation in the tender organized to sell Serbia's state-owned pharmaceutical giant Galenika. B92 has unofficially learned that German STADA, Greek Alapis, American Abbott and European investment fund OMNIA have shown their interest in the privatization in this way. Mystery surrounds potential Galenika buyers The Privatization Agency would neither confirm nor deny this, saying only that the identity of the interested companies would remain a secret at the request of one of them. However, B92 has learned that it was STADA that insisted they would not participate in the tender itself if named as one of the companies that had bought the documentation. The German company is already present in Serbia as the majority owner of Vrsac-based Hemofarm. The agency said that the names of the interested companies would not be disclosed until March 19 – the deadline for them to submit their letters of intent.

Mystery surrounds potential Galenika buyers

The Privatization Agency would neither confirm nor deny this, saying only that the identity of the interested companies would remain a secret at the request of one of them.

However, B92 has learned that it was STADA that insisted they would not participate in the tender itself if named as one of the companies that had bought the documentation.

The German company is already present in Serbia as the majority owner of Vršac-based Hemofarm.

The agency said that the names of the interested companies would not be disclosed until March 19 – the deadline for them to submit their letters of intent.

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