May 28 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has allowed the publication of a revised buyout offer by local company Medical Consumables for the remaining 100,533 shares it does not control in medical consumables producer Momina Krepost [BUL:MKR].
The regulator did not provide further details in its statement, published on Thursday.
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Medical Consumables is offering to pay 3.16 levs ($1.91/1.62 euro) per share for the 5.94% stake it wants to acquire, according to previously disclosed data.
Earlier this year, Medical Consumables, which owns 56.59% of Momina Krepost, signed a joint management agreement with drug maker Sopharma [BUL:SFA], which owns 37.46% of the medical consumables producer.
On March 10, Sopharma sold 396,600 shares, or 23.45% interest, in Momina Krepost, while Medical Consumables acquired 395,601 shares in the medical consumables producer.
Shares in Momina Krepost last traded on the Bulgarian Stock Exchange at a price of 3.58 levs.
(1 euro = 1.95583 levs)