- By country
- By industry
- By topic
- Top 100
SOFIA (Bulgaria), May 22 (SeeNews) - Bulgarian diversified group Bulgartabac Holding [BUL:57B] said that UAE-registered company Gifted Master has increased its stake in the group to 24.0% from 18.1%.
Another UAE-registered company, TI Holding FZE, sold its entire stake in Bulgartabac Holding, the Bulgarian company said in a bourse filing on Tuesday.
Liechtenstein-based Woodford Establishment owns a 24.0% stake in Bulgartabac Holding, while UAE-registered Wardia controls 15.23%, the Sofia-based group said.
At the end of March, Woodford Establishment was Bulgartabac Holding's largest shareholder with a stake of 33.0%, according to data from Bulgartabac Holding's interim financial statement. Gifted Master and Lichtenstein-registered Stiga Ansalt followed with stakes of 18.1% and 14.75%, respectively.
Woodford Establishment and Stiga Ansalt acquired stakes of 33.0% and 14.75% in Bulgartabac Holding in July 2018. Gifted Master purchased an 18.1% stake in the Bulgarian company in May 2018.