CCB to guarantee the delisting of Blagoevgrad BT from the stock exchange
Corporate Commercial Bank (CCB) will guarantee the funding for the acquisition of the minority share at Blagoevgrad BT, the Bulgartabac Holding announced. The holding clarified that it will secure the financing through loans that CCB will guarantee, but the bank will not necessarily be the creditor. The majority shareholder of Blagoevgrad BT – the Bulgartabac Holding, wants to buy the remaining 9.95% stake at the company and is afterwards planning to delist it from the stock exchange. It offered the minority shareholders BGN 53.53 per stock or a total of BGN 14.4 million for the entire minority stake. In view of the generally weak turnover on the BSE, trade with the stocks of Blagoevgrad BT has not been very active as well. Their most recent price was BGN 52.20 per stock, the Capital Daily informs.