Brief: Arco Vara To Sell 25% Stake In Bulgaria's Botanica Lozen For EUR 2.2 Million

Arco Vara AS

13/03/2026 07:11

March 13 (Reuters) - Arco Vara AS ARC1T.TL:

ARCO VARA AS SIGNS SHARE PURCHASE AGREEMENT FOR PARTIAL SALE OF BULGARIAN SUBSIDIARY

AGREES TO SELL 25% STAKE IN BULGARIAN COMPANY BOTANICA LOZEN EOOD TO KAMALEO INVEST OOD

SALE PRICE FOR 25% STAKE IN BOTANICA LOZEN EOOD IS EUR 2.2 MILLION

TO RECEIVE EUR 1.0 MILLION DEPOSIT WITHIN THREE BUSINESS DAYS

TRANSACTION PLANNED TO BE COMPLETED NO LATER THAN MAY 29 2026

Source text: ID:nGNE23Vpwx

Further company coverage: ARC1T.TL

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