Bulgaria's Alfa Finance boosts stake in Solarpro to 93%

Bulgarian provider of products and services for the solar industry Solarpro Holding [BUL:0S8] said on Friday that two subsidiaries of local industrial and financial group Alfa Finance Holding bought earlier this week a total of 13.5 million Solarpro shares, equivalent to a 28.96% stake in the company.

As a result, the stake, which Alfa Finance holds directly and indirectly in Solarpro, rose to 93.05%, Solarpro said in a bourse filing.

Brokerage house Bulbrokers Consulting acquired 6.2 million Solarpro shares, equal to a 13.3% stake in the company, on October 16.

Renalfa bought a total of 7.3 million Solarpro shares, or a 15.6% stake, in two separate transactions on October 16 and October 18.

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