Chinese company Zhejiang Jinke Entertainment Culture Co is expected to submit a binding bid for international entertainment company Outfit, majority-owned by Slovenia's richest couple Samo and Iza Login, in the near future, daily Finance reported on November 29.

The Logins and their company have become well known and successful mainly thanks to the globally popular cat Talking Tom and the application of the same name, founded in 2009. Currently, there are 15 applications within the Talking Tom and Friends umbrella brand which have 300 million monthly active users.

The couple are said to have decided on the sale of Outfit several months ago with some estimates valuing their company at €600mn, Slovenian Press Agency (STA) reported on November 29.

Zhejiang Jinke Entertainment Culture Co is a joint stock company with a market capitalisation of €3.7bn. Trading in its shares has been suspended for a month over what the firm said was its plans to buy a company in the field of mobile games and entertainment industry, STA said.

Zhejiang Jinke Entertainment Culture Co's main line of business is chemicals production, but Bloomberg data show that earlier this year the company acquired Zhexin IT, whose activities are similar to those of Outfit7.

Meanwhile, Outfit7 generated €108mn in group revenue last year (up from €79mn in 2014) and €80mn in net profit (up from €60mn in 2014) and paid out €74mn in dividends, STA said.

Holding Outfit7 Investments Limited is based in London and is a tax resident of Cyprus, writes Finance.

Finance said it has received confirmation from multiple sources that the Logins are looking for a buyer for Outfit7.