Within the framework of the pilot privatization project National agency of investment and privatization has started the implementation of the last stage of the selection tender of a Financial Advisor for the construction companies grouped in pool №1.
Indicated pool is composed of the following open-joint stock companies:
- OJSC Avtomagistral,
- OJSC Baranovichi Reinforced Concrete Products Plant,
- OJSC Belsantekhmontazh-2,
- OJSC Construction and Mounting Trust No. 8
On December 21, 2012 the request for proposals were sent to the consultants, shortlisted earlier, for rendering services to attract a strategic investor. The interagency evaluation committee will define a winner of a tender by February 2013, according to the submitted technical and financial proposals of the consultants.
The invitations were sent to the following consultants:
- Deloitte Consulting LLP (USA);
- KPMG LLC (Belarus);
- Mattig Management Partners (Austria);
- PricewaterhouseCoopers UAB (Lithuania);
- Raiffeisen Centrobank AG (Austria);
- Maxwell Stamp PLC (Great Britain).
Within the Contract, the Financial Advisor will perform legal, financial and operational due diligence, what will help to generate clear understanding of activity of joint stock companies, the valuation of state owned shares according to domestic and international standards will also be carrying out, several strategies of attracting an investor will be worked out.
The result of the work of a consultant within the contract will be the signed contract with the strategic investor.