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General

Vivacom denies reports of new owners

Wednesday 25 March 2015 | 13:52 CET | News
Vivacom has denied reports in the local media saying it will be acquired. The company said it is not aware of any transaction or pending transaction involving a majority stake in the company that would lead to a change of control. According to recent reports, the LIC 33 group, which comprises investors from the EU, will acquire a majority stake in Vivacom. Vivacom said its shareholders welcome an expression of interest by any serious, well-funded and respected potential investor. However, the process from interest to transaction usually takes multiple months and in some case multiple

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Categories: General
Companies: Vivacom
Countries: Bulgaria
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