Four Firms Bid to Advise on Bulgartabac Sell-Off

Source from:  Tobacco Reporter 02/04/2010

Four companies are vying to advise on the sell-off of Bulgaria's state-run tobacco producer Bulgartabac Holding, according to a Novinite story quoting the country's privatization agency. The agency announced yesterday that Citigroup Global Markets Ltd, KBC Securities and Tokushev & Co, Raiffeisen Investments - Kamburov, and Renaissance Securities had submitted documents before the deadline for bids expired on Monday. The finance ministry believes that Bulgartabac, which owns only two factories, is worth about BGN80 million. Enditem