Cefarm Białystok sale is preliminarly approved
Bids will certainly be submitted by Farmacol and PGF, as the latter's subsidiary CEPD is interested in about 50 pharmacies owned by Cefarm. "They provide us with about 70 percent of revenues," said Sławomir Dudek, a member of Cefarm's management board.
The media previously speculated that the price for Cefarm might reach zł.100 million, but "I believe that real valuation is rather distant from a three digit amount," said Aleksander Chomiakow, deputy president of Farmacol. He confirmed that his firm will submit a bid, but it will not offer any price for Cefarm, as it is known for its cautious investment strategy.
Parkiet did not manage to find out whether three other companies, which carried out due diligence will submit their offers.
Source: Parkiet
The media previously speculated that the price for Cefarm might reach zł.100 million, but "I believe that real valuation is rather distant from a three digit amount," said Aleksander Chomiakow, deputy president of Farmacol. He confirmed that his firm will submit a bid, but it will not offer any price for Cefarm, as it is known for its cautious investment strategy.
Parkiet did not manage to find out whether three other companies, which carried out due diligence will submit their offers.
Source: Parkiet
