June 15 (SeeNews) - Bulgaria's Doverie United Holding [BUL:5DOV] said on Friday that its unit Industrial Holding Doverie acquired on June 14 a 14.49% stake, or 433,154 shares, in insulation materials producer Hydroizomat [BUL:4HI], boosting its interest in the company to 75.02%.
Following the transaction, Industrial Holding Doverie holds 2.24 million Hydroizomat shares, Doverie United Holding said in a bourse filing.
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The name of the seller and the price of the deal were not disclosed.
On June 14, 419,370 Hydroizomat shares changed hands in a single deal priced at 1.25 levs ($0.75/0.64 euro) per share on the Bulgarian Stock Exchange, bourse data showed.
On June 12, Bulgarian drug maker Sopharma [BUL:3JR] sold its entire 14.3% stake in Hydroizomat, equal to 427,612 shares, in a single transaction priced at 1.25 levs per share.
(1 euro = 1.95583 levs)