Doubt over Indar takeover causes Bioton shares to fall

The Ukrainian Fund for State Property declared that the privatization of Indar was useless as it has played a significant role in the Ukrainian economy. According to Ukrainian analysts this means that Bioton is definitely out of the game, however Bioton's representatives think differently. "I do not see a threat that we are not going to take over Indar," said Bioton president Adam Wilczęga, adding that the decision was not approved by the Ukrainian cabinet. "Indar is still on the privatization short list and Bioton is a candidate," added Wilczęga.