EVN Bulgaria Elektrorazpredelenie (EVN ER) and EVN Bulgaria Elektrosnabdyavane (EVN ES) – tender offers (2012)


EVN ER and EVN ES operate in electricity distribution and supply sector with exclusive licenses for operating on the territory of South-East Bulgaria.


Bulbrokers Consulting advised the majority shareholder EVN on the tender offer procedures for the remaining shares in EVN ER and EVN ES, totaling EUR 0.3mn.


Bulbrokers Consulting was responsible for the preparation of the necessary documentation, the communication with the regulatory authority the Financial Supervision Commission, as well as for the overall organization of the process.


As a result of the procedures, EVN acquired 100% of the shares in EVN ER and EVN ES and the two companies were subsequently delisted.