BSE’s BoD gives green light to IBEX for EUR 6m real estate acquisition (NEGATIVE)
09.12.2024
Source: BSE; FFBH
On 6 December, the BoD of Bulgarian Stock Exchange – the sole capital owner of the Independent Bulgarian Energy Exchange, allowed its subsidiary to acquire real estate, owned by United Bulgarian Bank, as part of a tender process. The property is located in a central location – Sveta Sofia street,5. The price of the deal is EUR 6m. The press release didn’t include details regarding the size of the property in question, not about the economic rationale behind the deal.