November 10 (SeeNews) - Bulgarian online media company Investor.bg [BUL:IBG] acquired local radio and television content creator and distributor Radio Stantsia for 21,000 levs ($11,479/10,737 euro) on November 3, it said on Friday.
Investor.bg purchased all 6,000 shares of Sofia-based Radio Stantsia, each with a par value of 10 levs, from local Web Media Group [BUL:WMG], the buyer said in a stock exchange filing.
You can subscribe to our M&A newsletter here
Web Media Group has been sole owner of Radio Stantsia since June 2021, when it bought the company, according to an earlier statement.
Radio Stantsia specialises in the creation and distribution of radio and television programmes, processing and sales of film and radio productions, along with investments in telecommunications, commercial register data show.
Shares in Investor.bg last traded on October 19 when they closed at 20.60 levs on the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)