Batagon's offer for acquisition of Fabrika akumulatora Sombor rejected again-Creditors dissatisfied with EUR 5,05 m

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Although there was an option that in case of a new offer being rejected, a new ad for sale would be announced, this will not happen at the moment. Trustee in bankruptcy, Predrag Ljubovic said that Batagon will have the opportunity to improve its offer.

- I informed Batagon that the offer was rejected and that I provided them opportunity to send a new offer or to leave purchase process of Fabrika akumulatora Sombor - Predrag Ljubovic said.

Giving and rejecting offers may take some time, and in case there is no figure to satisfy creditor's claims, it may be expected that a new advertisement for the sale of the company will be announced.