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Dec 29, 2017 10:45 EEST
December 29 (SeeNews) - Bulgarian real estate investment trust (REIT) CCB Real Estate Fund said on Friday that local insurer Armeec acquired a 1.2% stake in the company on December 21.
Armeec bought 13,205 CCB Real Estate Fund shares in a single transaction priced at 46.5 levs ($28.4/23.8 euro) per share, the REIT said in a statement.
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At end-September, there were two shareholders in CCB Real Estate Fund with a stake exceeding 5% - CCB Group, with a 20.59% stake, and Pension Insurance Company CCB Sila, which owned 5.78% of it.
(1 euro = 1.95583 levs)
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