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Solvay Sisecam to increase stake in Solvay Sodi

The majority owner of Bulgaria“s Solvay Sodi soda ash producer Solvay Sisecam Holding said it intended to buy out free shares in the Bulgarian company at a price of BGL13 per share. Solvay Sisecam cu…

The majority owner of Bulgaria“s Solvay Sodi soda ash producer Solvay Sisecam Holding said it intended to buy out free shares in the Bulgarian company at a price of BGL13 per share. Solvay Sisecam currently owns about 84% of Solvay Sodi. Brokers commented that its stake might soon exceed 90%. The free shares in Solvay Sodi stand at about 16%.

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