Borealis

Bahrain bank exits investment in Bulgarian fertilizer giant

Bahrain-based First Energy Bank (FEB) has exited its investment in a Bulgarian producer and distributor of fertilizers, Arabian Business reported.
FEB had invested in December 2013 jointly with Borealis in Feboran, an investment vehicle set up in Bulgaria to acquire a 20.3 percent equity stake in Neochim, a company listed on the Sofia Stock exchange.