Top Bulgaria Oks arrival Buyout proposal for Water Bottler Devin

January 7th, 2010 by admin




Bulgaria’s financial activity for Luxembourg gave the green light - water based arrival in leading Bulgarian mineral water bottler Devin buy 21% stake it does not yet.

Financial Supervision Commission will be met through Sofia buyout investment intermediary Elana based business, (FSC) said in a statement.

Price is set at BGN 3.50 per share. U.S. special purpose vehicle set up by the arrival of water-Devin is based International to acquire arrival.

International arrivals in September last year, Bulgaria’s leading water bottling company Devin is mostly owned by Austria Soravia Group acquired a 79% stake.

Buy one share in the share price 3.06 BGN arrival, 40 EUR valuing the company at a total enterprise value M.

For an undisclosed amount Soravia 2005 Devin and distributors acquired full control Devin Royal.

Arrival for 15 years has been active throughout Central Europe and Romania already eating, and drinking in Star Foods Holdings brewery in Poland, Turkey and Argentina in Graffigna Uno several investment. It depends on the development of forward Devin.

Established in 1992, Devin the country’s number one with their own bottled water company’s branded product, according to arrival. Drink Company Red Bull is in Bulgaria for more juice brand Granini distribution agreements established in the past two years.

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