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Dec 14, 2017 13:47 EEST
SOFIA (Bulgaria), December 14 (SeeNews) – Financial and insurance group Eurohold Bulgaria [BUL:4EH] said on Thursday investment fund KJK Fund II SICAV-SIF has increased its stake in the company to 15.26% from 12.69%.
On December 11, KJK Fund II SICAV-SIF acquired 2.3 million Eurohold Bulgaria shares at a weighted average price of 1.3 levs ($0.78/0.66 euro) apiece, the Sofia-based holding company said in a bourse filing.
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KJK Fund II SICAV-SIF, launched in 2012, is a specialised investment vehicle designated for investments in the Balkan region focusing on both listed and private equity assets. The fund is managed by Luxembourg-registered KJK Management.
Eurohold Bulgaria's portfolio includes companies in the financial services, leasing, insurance and car sales sectors.
(1 euro=1.95583 levs)
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