KIEV, Feb. 18 – The value of Nemiroff, a large Ukrainian alcohol producer, if it is bought by Central European Distribution Corporation (CEDC), which last week announced its readiness to hold talks on the deal, could be up to $370 million, experts polled by Interfax-Ukraine have said.

The vice president of the investment and banking services department at Phoenix Capital, Petro Spatar, said that with $218 million income and $41 million EBITDA in 2009, Nemiroff's value could be $340-380 million. However, taking into account its $10 million debt, the value of shareholders' capital at Nemiroff is some $330-370 million.