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Sofia calls tender for majority stake in Municipal Bank

Sofia calls tender for majority stake in Municipal Bank Author: Municipality of Sofia. Licence: All rights reserved.

SOFIA (Bulgaria), October 12 (SeeNews) - The privatisation agency of Bulgaria's capital Sofia said on Thursday it has decided to hold a tender for a 67.646407% stake in Municipal Bank, seeking at least 45.65 million levs ($27.64 million/23.34 million euro).

Potential buyers will be offered 3,880,388 shares in a one-stage tender, the agency said in a notice published on its website.

$=0.8435 euro

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