Expats

Bulgaria Radio Owner Emmis Acquired by CEO Smulyan [May 26, 2010] US broadcaster Emmis Communications Corporation, owner of three radio brands in Bulgaria, has agreed to be acquired by closely held JS Acquisition LLC, a company formed by Emmis chairman and CEO, Jeffrey H. Smulyan. [via YahooNews] More >>

Bulgaria Radio Owner Emmis Acquired by CEO Smulyan [May 26, 2010] In Bulgaria Emmis owns Radio FM+, Radio Fresh and Inforadio. File photo US broadcaster Emmis Communications Corporation, owner of three radio brands in Bulgaria, has agreed to be acquired by closely held JS Acquisition LLC, a company formed by Emmis chairman and CEO, Jeffrey H. Smulyan. [via YahooNews] More >>

Advent Water Controls 100% Stake in Bulgaria Top Water Bottler Devin [May 21, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo Advent Water, the special purpose vehicle set up by US-based Advent International for the acquisition of leading Bulgarian mineral water bottler Devin, holds 100% stake in the company following a squeeze out proposal. [via YahooNews] More >>

Bulgaria Top Cable Providers Merge into Blizoo [May 18, 2010] Bulgaria's top cable providers Eurocom and CableTel, which merged earlier in the year after the acquisition by Swedish investment fund EQT V, have been rebranded as Blizoo. [via YahooNews] More >>

Bulgaria's Central Cooperative Bank Eyes Third Macedonian Buy (Novinite.com) [Feb 17, 2010] Bulgaria's Central Cooperative bank, part of the country's largest holding company Chimimport, is in talks for the acquisition of a third bank in Macedonia. [via YahooNews] More >>

Bulgaria's Telecom Spectrum Net Acquires Rival Orbitel (Novinite.com) [Jan 29, 2010] Bulgaria's company Spectrum Net announced it has completed the acquisition of its rival Orbitel, fully-owned Bulgarian subsidiary of Hungary?s Magyar Telekom, part of Deutsche Telekom. [via YahooNews] More >>

Advent to Delist Top Water Bottler Devin from Bulgaria Stock Exchange (Novinite.com) [Jan 08, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo US-based Advent International has unveiled plans to delist leading Bulgarian mineral water bottler Devin from the Bulgarian Stock Exchange (BSE) upon acquisition of at least 95% of the shares. [via YahooNews] More >>

CVC Talks on Bulgaria Kamenitza, AB InBev Breweries Sale Come to Head (Novinite.com) [Oct 13, 2009] Talks about the acquisition of Anheuser-Busch InBev, the world's largest brewer, which owns two units in Bulgaria, by CVC Capital Partners, a London-based private equity group, are entering a critical phase, reports say. [via YahooNews] More >>

Kurds in N. Iraq Receive Arms From Bulgaria (Kurdish Media) [Nov 24, 2008] BAGHDAD - Kurdish officials this fall took delivery of three planeloads of small arms and ammunition imported from Bulgaria, three U.S. military officials said, an acquisition that occurred outside the weapons procurement procedures of Iraq's central government. [via YahooNews] More >>

Kurds acquire arms shipment from Bulgaria (San Diego Union-Tribune) [Nov 24, 2008] BAGHDAD ? Kurdish officials this fall took delivery of three planeloads of small arms and ammunition imported from Bulgaria, three U.S. military officials said, an acquisition that occurred outside the weapons procurement procedures of Iraq's central government. [via YahooNews] More >>

Kurds in N. Iraq Receive Arms From Bulgaria (Washington Post) [Nov 23, 2008] BAGHDAD -- Kurdish officials this fall took delivery of three planeloads of small arms and ammunition imported from Bulgaria, three U.S. military officials said, an acquisition that occurred outside the weapons procurement procedures of Iraq's central government. [via YahooNews] More >>

Ukraine's Metinvest Pulls out of Bidding for Bulgaria's Steel Mill (Novinite.com) [Jan 31, 2008] Ukrainian investor Metinvest, which was interested in the acquisition of a majority stake in Bulgaria's biggest steelmaker Kremikovtzi, has withdrawn from the sale. [via YahooNews] More >>

US Steel Company Eyes Bulgaria Biggest Steelmaker Kremikovtzi (Novinite.com) [Jan 29, 2008] A US steel company is considering the acquisition of the majority stake in Bulgaria's largest steelmaker Kremikovtzi, the prime minister said. [via YahooNews] More >>

Belgium's KBC Closes Acquisition of EIBank in Bulgaria (Novinite.com) [Dec 12, 2007] Belgian banking group KBC has closed its acquisition of Bulgaria's EIBank, the two banks said in a joint statement on Wednesday. The group's immediate plans are to thoroughly review and update the strategy, focussing on optimising the branch network, the statement read. [via YahooNews] More >>

Bulgaria C-bank Approves KBC's Acquisition of EIBank (Novinite.com) [Nov 23, 2007] Bulgaria's National Bank (BNB) said on Friday it gave the green light for Belgian financial services group KBC's acquisition of 75% in Bulgaria's ninth-biggest lender by assets, EIBank, for EUR 295 M. [via YahooNews] More >>

Elbit Imaging Ltd. Announces Plaza Centers Makes First Acquisition in Bulgaria (PR Newswire via Yahoo! Finance) [Nov 20, 2007] AVIV, Israel, Nov. 20 /PRNewswire-FirstCall/ -- Elbit Imaging Ltd. announced today that its subsidiary, Plaza Centers N.V. , a leading emerging markets property developer in Central and Eastern Europe and in India, announced today that that it has made its first investment in Bulgaria through the acquisition of a retail development project in Shumen, Bulgaria. [via YahooNews] More >>

Bulgaria Slaps BGN 70,000 Fine on Melrose Resources (Novinite.com) [Oct 24, 2007] Bulgaria's anti-trust body has imposed a fine of BGN 70,000 on Melrose Resources Sarl, a Luxembourg-based subsidiary of the oil and natural-gas explorer, for the acquisition of a gas exploration site without its approval. [via YahooNews] More >>

(AFX UK Focus) 2007-10-18 13:59 GMT: Atlas Estates buys first property in Bulgaria for 7.3 mln eur in cash (Interactive Investor) [Oct 18, 2007] LONDON (Thomson Financial) - Atlas Estates Ltd said it made its first investment in Bulgaria with the acquisition of an office building in Sofia's city centre for 7.3 mln eur in cash, and the acquisition underlines its strategy to expand to new territories in Central and Eastern Europe. [via YahooNews] More >>

Only One Bidder Left for Bulgaria's State Shipping Co (Novinite.com) [Oct 12, 2007] Bulgaria's privatisation agency approved only one firm for the acquisition of an initial 70% stake of the country's state shipping company Navigation Maritime Bulgare (Navibulgar). [via YahooNews] More >>

Scottish Miller Group Closes Mall Varna Acquisition in Bulgaria (Novinite.com) [Sep 24, 2007] Scottish property development holding Miller Group closed the acquisition of the Mall Varna complex in the Bulgarian Black Sea port of Varna for EUR 120 M in the biggest deal of its kind in Bulgaria. [via YahooNews] More >>