Pivovarna Lasko is seeking to sell its 23% stake in Slovenian food retailer, Mercator, Reuters reports. The Slovenian beverage producer has invited bids from the potential buyers for the sale.

The company is expecting the size of each bid to be at least 188,268 shares of Mercator, which would represent a stake of 5%. Pivivarna has set March 9, 2011 as the last date of bid submission.

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