Three expressions of interest for BSE-Sofia so far (NEUTRAL)

21.05.2014 Source: MergerMarket; FFBH

Bulgaria’s deputy prime minister Mrs Bobeva said that the government has received three expressions of interest for acquiring the 50% stake in the local bourse. The last attempt to sell the stock exchnage was halted in March 2012, while the present process has stalled due to a court complaint for the choice of a consultant. The Warsaw Stock Exchange, the Wiener bourse and the Istanbul Stock Exchange are pointed as potential bidders.