Sopharma AD made the offer to acquire remaining 66.66% stake in Sopharma Properties REIT for approximately BGN 120 million.
at BGN 8.2 per share. Bulgaria's financial regulator, Financial Supervision Commission (FSC) has temporarily halted an offer of Sopharma to acquire some 14.6 million shares in its subsidiary Sopharma Properties REIT. The financial regulator demanded other revisions in the financial justification of the tender offer, noting that the price per share in the bid may need to be recalculated