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18:35 / 18.06.2019 427

KPMG to help sell hotel “Uzbekistan”

Photo: Advantour

International consulting company KPMG will help sell the state share in the hotel “Uzbekistan”. This issue was discussed at a meeting of the Agency for Management of State Assets.

This year, the government tried several times to sell its share (80.13%) with a starting price of $33 million. Earlier, the Kuwaiti company Alshaya Group was offered to buy out a stake, but the deal did not take place.

“Representatives of KPMG confirmed their readiness to render assistance, using all possible channels to attract investors. Akhadbek Khaydarov, director of the agency, proposed to provide a formal offer for the provision of services to support sale of the hotel complex “Uzbekistan”, the Agency reported.

KPMG is one of the world’s largest companies, providing professional audit, tax and consulting services to all companies in the financial sector. It was founded in 1987.