February 15 (SeeNews) - Bulgaria's Puldin Lion Group REIT [BUL:5P6] has acquired 100% in local Rodna Zemya Holding [BUL:6R2] for an undisclosed price, Rodna Zemya Holding said on Friday.
The transaction was concluded on February 13, Rodna Zemya Holding said in a bourse filing.
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Rodna Zemya Holding shares last traded on the Bulgarian Stock Exchange on January 29, when they closed at 1.86 levs apiece, corresponding to a market capitalisation of 67 million levs ($38.6 million/34.3 million euro).
At the end of 2018, three companies held stakes exceeding 5% in Rodna Zemya Holding. Local company Nevena owned 32.61%, Development Assets held 6.10%, and Central Cooperative Bank [BUL:4CF] kept 5.25%.
(1 euro = 1.95583 levs)