Tashkent, Uzbekistan (UzDaily.com) -- In accordance with the Announcement on sale of the state share in the authorized capital of Coca-cola Ichimligi Uzbekiston, Ltd (hereinafter - the Company), published on December 16, 2020, the State Assets Management Agency (hereinafter - the Agency) completed the next stage of the sale process.

The Agency and the Company signed Non-disclosure agreement of information with the bidders admitted in accordance with the decision of the State Tender Commission for the second phase of the state share sale process.

"Rothschild & Cie" – the financial advisor for the sale of the state share sent a letter to the bidders and financial statements of the Company for 2017-2019, the Company’s business plan and reports detailing the financial, tax, organizational and legal aspects of the Companies activity.

To date, non-binding (indicative) offers to acquire the Company have been received from the bidders.

As a result of studying the proposals together with the investment bank "Rothschild & Cie" and the law firm "Dentons", the State Tender Commission allowed the bidders to participate in the next stage of the sale process.

Currently, the Agency jointly with the international audit company "KPMG" and the law firm "Dentons" has created a virtual data room, in order to be used by the applicants, containing financial, legal, organizational and other data about the Company.

At this stage, applicants will be provided with an opportunity to conduct additional research (due diligence) on the Company using the virtual data room, to take part in the Company's presentation, communicate with the Company's management and to participate on the Q&A sessions.