PRIVATISATION Agency (PA) head Apostol Apostolov has said he expects that the sale of Bulgartabac will be completed within a month.
Last week the PA invited the two top bidders, Tobacco Holding and Rosbulgartabac, to review the updated package of financial information regarding Bulgartabac from March 4 to March 8 and from March 10 to March 14, respectively.
The third bidder and former leading buyer, Tobacco Capital Partners, owned by Deutsche Bank, was not invited to review the revised report on the financial status of Bulgartabac.
According to the information web site mediapool.bg, however, the Government has a new strategy for the sale of Bulgartabac, which will allow the PA to sell it to Tobacco Capital Partners.
The new Privatisation Bill, which would give this option, however, will come into effect three days after publication in the State Gazette.
It is expected, however, that the opposition parties will refer the new Privatisation Bill to the Constitutional Court (CC).
According to media reports, in order to avoid another stopping of the Bulgartabac sale, Parliament will speed up the publishing of the amendments to the Privatisation Bill in the State Gazette.
Since the rulings of the CC are not retroactive, the Government would get the opportunity to sell Bulgartabac without the sanction of the court.
Last week the PA invited the two top bidders, Tobacco Holding and Rosbulgartabac, to review the updated package of financial information regarding Bulgartabac from March 4 to March 8 and from March 10 to March 14, respectively.
The third bidder and former leading buyer, Tobacco Capital Partners, owned by Deutsche Bank, was not invited to review the revised report on the financial status of Bulgartabac.
According to the information web site mediapool.bg, however, the Government has a new strategy for the sale of Bulgartabac, which will allow the PA to sell it to Tobacco Capital Partners.
The new Privatisation Bill, which would give this option, however, will come into effect three days after publication in the State Gazette.
It is expected, however, that the opposition parties will refer the new Privatisation Bill to the Constitutional Court (CC).
According to media reports, in order to avoid another stopping of the Bulgartabac sale, Parliament will speed up the publishing of the amendments to the Privatisation Bill in the State Gazette.
Since the rulings of the CC are not retroactive, the Government would get the opportunity to sell Bulgartabac without the sanction of the court.
