September 30 (SeeNews) - In SeeNews story "
Bulgaria's SofStok Invest buys five-star Grand Hotel Sofia" please read in the headline "...Grand Hotel Bulgaria" instead of "...Grand Hotel Sofia" (Corrects name of the hotel).
Please note that the story has been corrected throughout to conform.
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Bulgarian company SofStok Invest has acquired 100% of Grand Hotel Bulgaria in the country's capital Sofia from Liechtenstein-based PFHC and US-based Zeitgeist Ventures, according to data from the commercial registry.
No details about the price of the deal were immediately available.
PFHC owned 85.99% of the hotel, one of the landmarks of the Bulgarian capital, with Zeitgeist Ventures holding the remaining stake, according to the commercial registry shows.
According to local media reports, the owner of SofStok Invest, Miroslav Pechev, also owns four-star Park Hotel Vitosha in Sofia.