PIK Group [MCX:PIKK; LSE:PIK], a Russian real estate developer, may bid for agri group Eurodon’s construction subsidiaries Irdon and Metall-Don, CEO and majority owner of Eurodon Vadim Vaneev said. Both Irdon and Metall-Don were put up for sale last year, as reported.
Apart from PIK Group, Eurodon is in talks with other potential suitors from the construction industry and its home Rostov region, Vaneev said. Eurodon also wants to hear from new suitors and expects to finalize the sale of the subsidiaries by summer 2017, he said.