Bulgaria's Fin Regulator Suspends Buyout Bid for Orgachim

Summary


MANAVIGATOR-March 19, 2010-Bulgaria's fin regulator suspends buyout bid for Orgachim (C)2010 M2 COMMUNICATIONS http://www.m2.com

Bulgaria's financial regulator said it has suspended the buyout offer for paints maker Orgachim (BUL:5ORG) launched by its majority owner, offshore company Whitebeam Holdings Limited, claiming that the bid was too low.

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Bulgaria's Fin Regulator Suspends Buyout Bid for Orgachim

Whitebeam offered to pay BGN85 ...

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