| Four companies to merge into Nov Vek Holding
Nov Vek Holding announced it would acquire four food and drink companies. The decision was taken on 8 April 2014 during a session of the supervisory and the management boards of the holding. Currently, the holding owns 12 companies in the field of light industry and its capital is BGN 1.5 million. Its market capitalisation before the merger is BGN 14.7 million. Financial results of Nov Vek Holding for Q1 amounted to BGN 102,000. Holdings stocks have one of the lowest liquidity on the market. Major shareholders of Nov Vek Holding in end-March are CCB Leader (13.57%), CCB Active Fund (11.33%), Central Cooperative Bank (11.18%), MF Real Finance High Yield Fund (6.62%) and Real Finance Balanced Fund (7.12%). Source: Capital (19.05.2014) |