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Bulgaria's Doverie Capital grows stake in Doverie Brico to 99.9%

Bulgaria's Doverie Capital grows stake in Doverie Brico to 99.9% Author: Flazingo Photos. License: Creative Commons, Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

SOFIA (Bulgaria), August 8 (SeeNews) - Bulgaria's Doverie United Holding [BUL:5DOV] said on Wednesday that its unit Doverie Capital has acquired an additional 45% stake in Doverie Brico, boosting its interest in the company to 99.93%.

Sofia-based Doverie Brico operates DIY stores in Bulgaria under the Mr. Bricolage brand, offering furniture and building materials.

Doverie Capital acquired 7,425 Doverie Brico shares for an undisclosed price on August 7, Doverie United Holding said in a bourse filing.

According to data from the commercial register, Doverie Brico shares have a nominal value of 1,000 levs ($592/511 euro) each. The company has a registered capital of 16.5 million levs.

As at 13:05 CET on Wednesday, Doverie United Holding shares traded 1.43% lower at 1.725 levs.

(1 euro = 1.95583 levs)

 

 

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