Daily news

 
GLOBAL FINANCE FUND BUYS MAJORITY SHARE IN TIPO PRINT
09:22 Fri 12 Oct 2007
 

Global Bulgaria Fund and Romania Growth Fund, part of Global Finance, have bough through a management-buyout deal, a share in the large format digital print company Tipo Print, Investor.bg quoted an announcement from Global Finance.

The company did not specify how large the share was it had acquired, but it said it was a majority package.

According to Zlati Hristov, investment manager at Global Finance, the total investment that would be made into Tipo Print, including the price of the purchase and the final investments would be up to one million euro, investor.bg said.

Global Finance intended to increase the growth rate and market share of Tipo Print, and planned to invest in new technology.

According to Hristov, Tipo Print's market share was between 10 and 15 per cent.

 
Printer friendly version
 
 
 
 
 
more from News
Custom Search
Free Daily News Alerts
BNB Fixing 04 Dec 2008
EUR1.2623USD
EUR0.7936GBP
EUR1.95583BGN
USD1.54942BGN
GBP2.28819BGN
 
 
 
 
Download first page