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Bulgarian River Shipping
Sale of 30% of the company’s share capital on the stock exchange
Price - 10.9 million BGN paid in compensatory receipts
In February and March 2004, Bulbrokers sold on the stock market a 30% state stake in Bulgarian River Shipping. Bulbrokers acted as a consultant to the government’s Privatization Agency. Compensatory receipts of a total par value of 10.9 million BGN were used.
The transaction required financial, legal and market analysis of the company, a stock sale strategy and a marketing campaign. |
Roseximbank
Listing of shares worth 46 million BGN
In December 2003, Bulbrokers listed on the stock exchange 100% of Roseximbank’s share cpital of a par value of 46 million BGN.
Bulbrokers was the sole manager and advisor on the stock listing and on the offering of a minority stake of the bank’s capital on the stock exchange. |
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Albena
A 3% share buy-back programme.
In December 2002, Bulbrokers won a contract from Bulgarian Black Sea resort operator Albena for a share buy-back programme.
The transaction was completed in a single day in an open auction in January 2003.
Bulbrokers has been appointed to carry out further the company’s share buy back programme. |
Elkabel
Sale of 90% of the share capital on the stock exchange
The sale of 90% of Elkabel on the stock exchange was made in June 2004. It was one of the largest majority stake sales in Bulgaria.
Bulbrokers acted as a consultant and intermediary both to the buyer and the seller |