March 31 (SeeNews) - The Bulgarian competition authority said on Friday it was requested to evaluate a planned transaction under which Ireland-based United Star Software Limited will acquire control of Bulgarian software developer Prime Holding.
The deal is not expected to have an impact on product-geographical markets in the country, the Commission on Protection of Competition said in a notice.
You can subscribe to our M&A newsletter here
United Star is a holding company established to acquire control of software developing firms in Central and Southeast Europe. So far the company has not been active in Bulgaria.
Prime Holding is an outsourcing company for software development, offering services to firms in Bulgaria and abroad.