The Bulgarian company Doverie-Invest, which obtained the National Bank of Moldova’s prior permission, purchased the undividable holding of 3 173 751 shares of the bank of systemic importance Moldindconbank for 764,048,815.74 lei at an outcry auction held on the regulated market of the Stock Exchange on March 18, IPN reports.

According to the Public Property Agency, the transaction will end on March 22, in accordance with the regulated market’s rules concerning the organization and holding of transactions with undividable shareholdings.

The 63.89% shareholding was sold at the initial price of 240.74 lei apiece.

The pre-contract for the purchase of the newly issued shares of Moldindconbank was signed by the Public Property Agency, in the name of the Government, and Doverie–Invest SA of Bulgaria in the middle of last month.

At the end of this January, the Government approved the signing of a pre-contact for the purchase of the newly issued shares of Moldindconbank. The shareholding was bought by the Public Property Agency for slightly over 760 million lei.