Bulgaria's Lion's Head Investments Seeks Regulatory Nod to Acquire Megapark

Bulgaria's Lion's Head Investments Seeks Regulatory Nod to Acquire Megapark

Bulgaria's competition regulator said on Tuesday that Sofia-based Lion's Head Investments, a wholly owned subsidiary of local AG Capital, has asked for approval to acquire Megapark business centre. The Commission for Protection of Competition provided no further details in a notice published on its website. Megapark is a joint venture project of Austrian real estate property developer and manager ROBUL and Austrian property investment companies Universale International Realitaten and CA Immo, according to data from Megapark's website. According to the commercial register, Megapark has a registered capital of 50.9 million levs ($30.1 million/26.0 million euro), split equally between Universale International Realitaten and CA Immo with 25.08 million levs each, and CEE Realty Beteiligungs with 775,540 levs. ROBUL holds a 75% stake in CEE Realty Beteiligungs, according to its website.

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