SOFIA (Bulgaria), February 4 (SeeNews) – A total of 1,689,440 shares of pharmaceuticals producer Bulgarian Rose-Sevtopolis [BUL:4BJ], equal to a 14% stake in the company, traded on the Sofia bourse on Tuesday, stock exchange data showed.
The shares changed hands in eight deals at an average price of 1.83 levs ($1.27/0.94 euro) apiece, Sofia stock exchange data indicated.
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The parties to the deals were not disclosed.
According to local newspaper Capital Daily, the buyer of the 14% stake was the Bulgarian unit of Romanian pharmaceutical company Rompharm, which increased its holdings in Bulgarian Rose-Sevtopolis to 20%.
Also on Tuesday Rompharm acquired 3.0% of Bulgarian drug producer Sopharma [BUL:3JR], raising its stake to 17.5%, Capital Daily said.
Bourse data indicated that 4,236,843 Sopharma shares, equal to a 3.2% stake in the company, changed hands in a series of transactions on the Sofia bourse on Tuesday at an average price of 4.249 levs apiece.
Sopharma held 49.99% of Bulgarian Rose Sevtopolis as of December 31.
(1 euro=1.95583 levs)