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Croatia’s share indices extend gains thanks to Podravka, Adris
Ljubljana share indices end week up, Telekom Slovenije leads gainers
Oct 19, 2007 18:34 EEST
October 19 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Friday it will delist local car leasing company AutoBohemia at the majority owner's request.
Trading in shares in AutoBohemia, majority owned by holding company Favorit Hold, will be halted on October 22, after a decision by the Financial Supervision Commission, the BSE said in a statement.
AutoBohemia, which leases Czech Skoda cars in Bulgaria, plans to double its share capital to 3.78 million levs ($2.7 million/1.9 million euro, it said in a separate statement on Friday.
Favorit Hold, which owns 98.91% of AutoBohemia, offered in April to buy the minority stake in AutoBohemia at 5.44 levs ($3.74/2.78 euro) per share. None of the other stockholders accepted its buyout offer for the 20,498 shares it does not own.
Favorit Hold, which is part of the broader BG 40 index of the BSE, on Friday closed 0.3% higher at 16.4 levs in volume of some 290 shares. No shares in AutoBohemia changed hands on Friday. Its stock last traded on March 14 at 3.50 levs per share.
(1 euro = 1.95583 Bulgarian levs)
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