Following the approval by the Government, Bulgarian Stock Exchange (BSE) announced that it has reached an agreement with state-owned Bulgarian Energy Holding (BEH) on the acquisition of the Independent Bulgarian Electricity Exchange (IBEX) for 2.7 million euros.
BSE will make an initial down payment of 2 million euros, while the remaining 700,000 euros wil be paid in three semiannual installments. The decision is currently awaiting for approval of the Stock Exchanges’ shareholders.
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