Danske Andelskassers Bank A/S (CPSE:DAB), said on July 06, 2020 it is inviting letters of interest in the sale of its 100% stake in Croatia Banka d.d. Zagreb. The stake offered for sale comprises 4.746 million shares of HRK 100 (USD 15 /EUR 13) in par value each, DAB said in a public offer. Interested bidders can submit their letters of interest by July 24, 2020 after which DAB plans to prepare a shortlist and invite binding offers by July 31, 2020. The best binding bid is expected to be selected by October 9, 2020 and the deal is to be finalised by October 23, 2020.