Bulgarian cosmetics producer Aroma to take over local Astera Cosmetics, to raise capital

As part of the takeover, Aroma will raise its capital to provide that Astera Cosmetics' shareholders get a proportionate stake, a protocol of Monday's shareholders meeting posted on Aroma’s website indicated.

Aroma’s capital will increase to 15,491,829 levs ($10.5 million/7.9 million euro) from 15,491,779 through the issue of 30 new ordinary registered shares with voting rights, each with a nominal value of 1.0 lev.

(1 euro = 1.95583 Bulgarian levs)