Albena – tender offer (2009)

 

Albena is a listed Bulgarian company operating mainly in the hospitality and tourism industry. Albena owns multiple hotels and manages many subsidiaries in industries supporting the core business - transport, medicine and spa, tour operator activity, agriculture and construction.

 

Bulbrokers Consulting advised the majority shareholder Albena Holding on its tender offer for purchase of shares from the remaining shareholders in Albena. The tender offer was for 31.32% of the share capital of Albena with total value of EUR 20.5mn. 

 

The advisory services provided by Bulbrokers Consulting included preparation of the related documentation, communication with the regulatory body the Financial Supervision Commission, as well as organization of the entire process. Bulbokers acted as financial intermediary for the procedure.