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The Stara Zagora-based Sila Holding maintains its majority stake at Slantse Stara Zagora Tabac despite selling over 23% of the capital to majority funds. Photo by Sofia Photo Agency
Mutual funds have purchased 23,1% of the capital of Slantse Stara Zagora Tabac, the Bulgarian Stock Exchange (BSE) reported Friday, cited by pari.bg
The four collective investment schemes acquired 272 140 shares in the tobacco processing and cigarette making factory in the southern city of Stara Zagora.
The Real Finance Balance Fund and Real Finance High-Yield Fund obtained 5,09% of the capital, CCB Active purchased 6,11% while CCB Leader acquired 6,80%.
The seller, the Stara Zagora-based Sila Holding maintains its majority stake after the transaction by still holding 822 486 shares which equals 69,83% of the capital.
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