The Bulgarian financial institution Corporate Commercial Bank (CCB) and its UK-based partner VTB Capital are thought to be leading the bidding to acquire a 94% stake in the Bulgarian fixed line and wireless operator Vivacom. A report from the Focus news agency, which cites ‘sources familiar with the matter’, says that CCB and VTB Capital have made a EUR850 million (USD1.11 billion) offer for Vivacom and this has trumped rival bids, including one from the Turkish mobile group Turkcell.
Originally posted here:
OVETEL CCB leads bidding for Vivacom report suggests
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