TUNIS - Three investors have won the national tender launched by the Tunisian State last July 30, 2012 by notice of call for expressions of interest for the bulk purchase of its participation in the capital of "Ennakl" automobiles Company.
The direct and indirect participation of the Tunisian State accounts for 60% of the company's capital.
The investors are HBG Holding, Momentum and Parenin consortia, said a press statement of the Ministry of Finance, a copy of which was received by TAP Wednesday.
Completion of the sale is expected before the end of 2012, the statement added.
According to the same source, investors were selected from five candidates by a committee representing all stakeholders
The committee received five applications for expression of interest dated September 10, 2012.
These applications were subject to sorting and scoring, adds the statement.
The Ministry of Finance reminds that the sale process has two main phases.
The first is a pre-qualification phase during which investors are selected on the basis of pre-qualification criteria and the second is the tender phase during which investors, whose applications are accepted, will be invited to continue the stages of the process to submit a financial offer to purchase the block of shares.
© Tunis-Afrique Presse 2012
