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Nov 02, 2017 16:56 EEST
SOFIA (Bulgaria), November 2 (SeeNews) – Bulgaria’s Energoremont Holding [BUL:6EG] said on Thursday it has received a revised buyout offer from Dutch-based Dietsmann for the purchase of the remaining 480,295 shares it does not already own.
Dietsman is offering to pay 4.15 levs ($2.55/2.12 euro) per each of the shares it wants to acquire, as much as initially proposed, the Bulgarian engineering company said in a bourse filing.
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Last month, the Financial Supervision Commission said it has temporarily banned the publication of the buyout offer. The regulator provided no further details at the time.
Energoremont Holding and its seven affiliate companies manufacture power equipment, spare parts and metal structures for companies operating in power engineering, chemistry and metallurgy. It has representative offices in Serbia, Macedonia, Kosovo and Turkey.
(1 euro = 1.95583 levs)
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