Austria’s Wiener Boerse retains interest in acquiring the 44% state stake in the local stock exchange (BSE) saying that its financial partners have already entered the local market and plan expansion. Last month, BSE announced that it has selected the offer of Deutsche Boerse for buying the electronic securities trade platform Xetra, used also by Wiener Boerse. The Bulgarian finance ministry is considering two options for development of the local stock exchange: privatisation of the 44% government stake or strategic partnership with a bigger European peer. The other candidates in the procurement tender for a trade platform were: Scandinavia’s OMX, Greece ’s Hellenic Exchanges, Borsa Italiana, Prague Stock Exchange, and the New York Stock Exchange.
Source: Intellinews-Bulgaria Today