“Kraft” acquired 72 percent of “Cadbury”

The U.S. food group “Kraft Foods” acquired 72% of the shares in the the British candies producer “Cadbury”, announced the U.S. company. According to the information submitted by the company, “Cadbury” agreed to sell 72% of their capital for the proposed by Kraft price, assessing  the british company to approximately  12bln. pounds.

“Mobiltel” bought “M-Sviat” chain stores

The mobile operator Mobiltel is the new owner of the brand “M-Sviat” and of 20 stores from the chain, announced the two parties. The price of the deal was not announced. The stores which the company will manage are located at places where M-tel  stores are insufficient number or totally absent.  

Spectrum Net acquires Orbitel for ?5 mln

‘Spectrum Net’ is going to acquire the rival Orbitel from its present owner Magyar Telecom., announced both parties in the deal, which is estimated to ? 5 mln.  Magyar Telecom made a decision to withdraw its business from the Bulgarian telecommunicaiton  market and to focus on other markets with better perspectives.

Equest sells its shares in the project for Serdika cinema for 7.34 mln euro

The investment group Equest continues to sell its assets in Bulgaria. Its subsibsidiary Equest Balkan Properties ( EBP) signed a contract for the sale of its controlling interest in the project for the former Serdica cinema, says an announcement by the London stock exchange from Nov 10.

InBev sold its CEE business to CVC Capital Partners for $2.2 bln

Anheuser-Busch InBev agreed to sell its breweries in 9 CEE countries to CVC Capital Partners for $ 2.2 bln. CVC will pay $1.618 bln in cash and $448 mln. in bonds with maturity in 6 years and interest between 8 and 15 percent.  The deal is expected to be finalized by January 2010. InBev reserves its right to be the first to make an offer for buy back of the breweries if CVC decides to sell them.

Forem and partner EU consultants discuss the strategies for optimization of OP ‘Competitiveness’ with the Ministry of Economy, Energy and Tourism