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01 Jun
15:38

Liepajas Metalurgs receives six bids: reports

Insolvent KVV Liepajas Metalurgs (KVVLM) has so far received non-binding bids from six different potential buyers for its assets that must be sold by 16 June, according to local press reports quoting Latvian economics minister Arvils Aseradens. Aseradens is quoted as saying that over 130 potential investors have been approached about the sale of the long steelmaker’s assets. The administrator hopes to find a single buyer for all the assets so that producti…
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