The factory owned by Bulgaria’s cigarette-making monopoly, Bulgartabac, was sold on the Bulgarian stock exchange for BGN 30.85 million (EUR 15.76 million) on Wednesday.
The 78.18 per cent share of the plant was sold for BGN 9.85 million more than the declared minimum price, which had been set at BGN 21 million.The first 182 shares were sold for BGN 35 per share, while the remaining 843,500 shares were sold at a price of BGN 36,569 per share.
The shares were sold in two packages: a majority package of 76.41 per cent (900,000 shares) to a single unnamed buyer, and a minority package of 1.77 per cent (20,854 shares) to two buyers.
Bulgartabac's cigarette factory in Stara Zagora was sold on the stock exchange for BGN 18 million on Monday. (pi)