Hisense offers best bid for Slovenia's Gorenje
By Fan Feifei | China Daily | Updated: 2018-05-11 08:18
Chinese home appliances maker Hisense Electric Co Ltd has won the bidding process for Slovenian appliances producer Gorenje, which said it received three binding offers by interested strategic partners from Asia on Tuesday.
Hisense offered the best bid of 12 euros ($14.2) per share subject to its acquisition of 50 percent plus one share of Gorenje in the takeover procedure, the Slovenian firm said in a statement on its official website.
Hisense has committed to launch a takeover intent within 15 days and to make a takeover offer in accordance with the statutory deadlines, according to Gorenje.
Photo