SOFIA (Bulgaria), November 17 (SeeNews) – Bulgarian diversified group Holding Varna [BUL:5V2] said on Friday two funds of Bulgaria’s Real Finance Asset Management have acquired stakes in the group.
Mutual Fund Real Finance High Yield Fund has acquired 4,337 shares of Holding Varna for 33.5 levs ($20.2/17.1 euro) apiece on November 16, the Varna-based group said in a bourse filing.
You can subscribe to our M&A newsletter here
Mutual Fund Real Finance Balanced Fund has acquired 11,000 Holding Varna shares in two transactions at an average price of 33.5 levs per share. Both transactions took place on November 16.
Holding Varna’s portfolio includes companies in the tourism, media, real estate, and financial sectors.
(1 euro=1.95583 levs)