The offer is the largest of two so far for the company’s assets, with the initial offer of HUF 110 mln previously declined, MTI noted.
Pápai Hús’s assets were appraised at HUF 3.6 bln by state-owned liquidator Nemzeti Reorganizácios Nonprofit, Népszabadság reported.
The local council of the town of Pápa placed Pápai Hús under liquidation last November, at which point the government declared it as of “special strategic importance”, granting a different set of rules to the liquidation procedure, according to MTI.
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