Industrial holding Doverie AD made an offer to acquire remaining 9.95% stake in Maritsatex AD (BUL:MTEX) for BGN 0.03 million on November 11, 2021. Industrial holding Doverie AD will acquire 0.046674 million shares at BGN 0.65 per share. The bidder also intends to delist Maritzatex from the Bulgarian Stock Exchange.

Minority shareholders in Maritzatex have 28 days after November 9 to accept the offer. As per update on January 7, 2022, the bidder intends to delist Maritzatex from the Bulgarian Stock Exchange. The Financial Supervision Commission temporarily banned the previous bid on December 7, 2021.

Bulgarian real estate management company Maritzatex said on Tuesday that its board of directors sees the revised buyout bid of majority owner Industrialen Holding Doverie as a fair offer.