THE FNM privatisation agency has announced a tender for a 92 per cent stake in chemicals maker Istrochem, worth a nominal Sk3.9 billion ($84 million). The firm has a basic capital of Sk4.3 billion, and last year made an after-tax profit of Sk271 million on revenues of Sk2.7 billion. Potential bidders have until May 31 to declare interest.
Istrochem on the auction block
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