BULGARIA’S STOCK EXCHANGE ACQUIRES ENERGY BOURSE IBEX

The Bulgarian Stock Exchange BSE , majority controlled by the state, has finalised a 5.2 million levs ($3.3 million) deal to acquire the Balkan country’s energy exchange IBEX after receiving all regulatory approvals, it said.

State-owned energy holding BEH pledged to transfer the control of the day-ahead power exchange, setup in early 2016, as part of a settlement with the EU over antitrust charges that it blocked rivals in the Bulgarian wholesale power market.

Source: Reuters

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