Harisson Management gets nod for sqeezeout bid for Bulgaria's Aroma Real Estate

The regulator did not provide further details in its statement, published on Tuesday.

In September, Harisson Management increased its stake in the company to 95.84% via a buyout bid priced at 1.03 levs ($0.58/0.53 euro) per share. Four minority shareholders who held 160,668 shares accepted the buyout offer.

Aroma Real Estate shares last traded on the Bulgarian Stock Exchange at a price of 0.56 levs apiece.

(1 euro = 1.95583 levs)