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Bulgaria s FSC approves Geopost s buyout bid for Speedy Author: Speedy. Licence: All Rights Reserved. SOFIA (Bulgaria), May 28 (SeeNews) - Bulgaria s Financial Supervision Commission said that it has allowed the publication of a revised buyout offer by France s Geopost for the remaining 1,623,711 shares it does not own in Bulgarian express delivery company Speedy [BUL:SPDY]. The regulator did not provide further details in its statement, published on Thursday. In a stock exchange filing on Friday, Speedy said that Geopost is offering to pay 80 levs ($48/40.9 euro) per share for the 30.19% interest it wants to acquire. The French company was obliged by law to launch the buyout bid after its stake in Speedy exceeded 50%. In March, Geopost acquired 45% interest in Speedy at a price of 58.67 levs per share, after it exercised a call option towards Speedy Group. Currently, Geopost owns 69.81% interest in Speedy, while Speedy Group owns 20.09%.

Sofiya gradBulgarian stock exchangeSpeedy groupBulgaria financial supervision commissionFinancial supervision commissionBulgarian stockGeopost bulgariaசோஃபியா கிரத்பல்கேரியன் ஸ்டாக் பரிமாற்றம்வேகமான குழுபல்கேரியா நிதி மேற்பார்வை தரகுநிதி மேற்பார்வை தரகுபல்கேரியன் ஸ்டாக்