BULGARIAN HOLDING COMPANY
OpenCalais Metadata: Ticker
5BA
OpenCalais Metadata: LegalName
BULGARIAN HOLDING COMPANY PLC.
CEZ Sells Bulgarian Assets to Eurohold Group
The Bulgarian Eurohold business group will take over CEZ Group's entire assets in Bulgaria, the two companies announced on Thursday.
The largest publicly listed Bulgarian holding company will pay 335 million euros for the Bulgarian assets of the Czech utility operator.
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Reuters: Eurohold Signs Deal to Acquire CEZ's Bulgarian Assets for EUR 335 Million
Bulgarian holding company Eurohold has signed a deal to buy the Bulgarian assets of Czech utility CEZ for 335 million euros ($377.9 million), it said on Thursday.
Eurohold, active in insurance and asset management, entered exclusive talks in April to acquire CEZ's assets in the Balkan country including a power distributor that provides electricity to more than 3 million Bulgarians.