Bulgartabac Holding

15.10.2001 Source: BTA

will be sold through a publicly announced competitive bidding, Privatization Agency (PA) executive director Apostol Apostolov said Friday. The strategy for the privatization of the holding is still in the works. A contract will be signed soon to hire Creditanstalt Investment Bank (CA IB) as consultant in the privatization of Bulgartabac. Representatives of 11 companies interested in Bulgartabac - British American Tobacco, Altadis S.A., HSBC, Deutsche Bank, Philip Morris International, International Tobacco Fund, Imperial Tobacco Limited, Frana, Societe Generale, Bank of America and Missirian Bulgaria & Standard Commercial, were attending Friday a presentation of Bulgartabac at the Economy Ministry.