Bulgaria Seeks Consultant for Sofia Bourse, Central Depository Stake Sale

Bulgaria Seeks Consultant for Sofia Bourse, Central Depository Stake Sale

The Bulgarian privatisation agency said it has opened a tender procedure for marketing and legal status analysis and privatisation assessment on the sale of stakes in Sofia bourse operator and the country's Central Depository.

Eligible candidates should have at least one successfully completed deal for the sale of firms engaged in financial instrument trading on regulated markets or should have participated as consultants in such transactions between 2005 and 2011, the agency said in a statement.

Bids have to be submitted within 30 days following the tender's official announcement. The deposit guarantee has been set at 10,000 levs ($6,600/5,100 euro), value added tax excluded.

In March, Bulgaria's finance ministry authorised the country's privatisation agency to prepare the sale procedure for the disposal of a 50.05% stake in the Bulgarian Stock Exchange (BSE) and a 43.7% interest in the Central Depository to a single strategic investor.

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