December 10 (SeeNews) - Bulgarian resort operator Albena [BUL:6AB] said on Tuesday that it has sold its entire 91.49% interest in local company Bulgaria-29 on December 9 for an undisclosed price.
Albena did not provide further details in its bourse filing.
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Bulgaria-29 is a former cotton textiles producer, which ceased manufacturing activities in 2007. Since then, the company generated revenue from the lease of its real estate assets.
As at 13:40 CET on Tuesday, Albena shares traded at 40.8 levs ($23.1/20.9 euro), unchanged from their previous closing price on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)