“A Slovenian investment fund and Deutsche Bank have submitted a joint bid to buy debt of retail group Engrotuš worth 300 million euro, according to media reports.

Alfi, which owns several companies in western Slovenia, confirmed having submitted the bid with Deutsche Bank for the the business newspaper Finance and web news portal Siol.

According to Finance, the joint bid is valid for a month and is conditional on the bidders acquiring 100% of the debt. A decision on the sale is expected at the end of May.

It is not clear whether a bid has also been submitted by Elements, a consultancy acting on behalf of the UK private equity firm Anacap, however Finance reports that their bid is still valid.” (Slovenia Times)