December 28 (SeeNews) - Bulgaria's Dietsmann Energoremont Holding said on Thursday its majority owner, Dutch-based Dietsmann, has acquired 93,674 shares in the company through a buyout bid.
Ten shareholders accepted the buyout offer, Dietsmann Energoremont Holding said in a bourse filing.
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Last month, the Bulgarian company said that Dietsmann is offering to pay 4.15 levs ($2.55/2.12 euro) per each of the 480,295 Dietsmann Energoremont Holding shares it wants to acquire.
In July, Dietsmann acquired a 97% stake in the Sofia-based company for an undisclosed sum.
Dietsmann 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)