Majority shareholder offers BGN 2 per share in ZMM_x000d_
11.11.2004
Source: Pari
Machine Tool Plants - Bulgaria Holding offers to pay BGN 2 per share to buy out the stake of minority shareholders in ZMM of Nova Zagora. The tender offer, which was approved by the Financial Supervision Commission Wednesday, concerns 38,329 shares, or 12.9% of the company's capital. Aval Inn has been licensed as investment intermediary. Machine Tool Plants - Bulgaria Holding holds directly or indirectly a total of 258,768 share in ZMM, which makes up 87.1% of capital.