July 5 (SeeNews) - Slovenian diversified holding Istrabenz has once again failed to sell its 50% stake in local financial advisory firm Adriafin, allegedly deeming all bids as too low, local media reported on Friday.
The highest bid of 4.15 million euro ($4.66 million) was submitted by local firm BSL, which owns underground garages on Lubljana's Trg Republike square and is indirectly controlled by Swiss-based investment firm FC Meinrat Holding, news daily Primorske Novice reported on Friday.
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The other bidders included local storage facilities operator Metalka Commerce, wine producer and exporter Klet Brda, local trader with Opel cars Sawal, and investment firm The Palm Capital, the report said.
It added that Adriafin's most attractive asset is its 77% stake in Vinakoper - Slovenia's second largest wine producer, which owns 570 hectares of wines and other land.
The remaining 50% of Adriafin belong to Slovenian Adriatic port operator Luka Koper.
According to the report, Luka Koper has pre-emptive rights to purchase the remaining 50% in Adriafin at an event of a sale.
Istrabenz's previous attempt to sell its stake in Adriafin failed in 2015.
($=0.8913 euro)