September 11 (SeeNews) - Bulgarian fuel retailer Petrol [BUL:5PET] said that local transport firm Trans Express Oil has increased its stake in the company by 3.66% to 6.19% by acquiring 4 million shares of Petrol on August 30.
Also on August 30, Petrol shareholder Correct Farm, a pharmaceutical firm, has decreased its stake by 3.66% to 14.65% by selling 4 million shares of Petrol, the fuel retailer said in a bourse filing on Friday.
You can subscribe to our M&A newsletter here
Further details were not disclosed.
Petrol shares last traded on February 8, when they closed at 0.439 levs.
The company operates 334 fuel stations in Bulgaria.