Venture Equity Bulgaria has raised its stake in Agricultural Land Fund Melinvest to 96.69% from 92.85% previously as a result of a tender offer to minority shareholders, according to data from the Central Depository. The tender offer was launched at a price of BGN 0.80/share. Since the company’s share in the REIT is now above 95%, the majority shareholder can delist it from BSE-Sofia.