March 19 (SeeNews) - Bulgarian farming group BG Agro [BUL:AO0] said on Monday it has fully acquired local agricultural company Lamobiena.
BG Agro has acquired all of Lamobiena's 990 shares with a nominal value of 200 levs ($125.5/102.3 euro) each, the group said in a bourse filing. It did not elaborate what the price of the transaction was.
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Following the acquisition, Lamobiena's headquarters was moved to Varna and a new manager - Tsvetan Duchev, was appointed.
(1 euro = 1.95583 levs)