# ZMM Bulgaria Holding to launch tender offer for IHB Elektrik AD

ZMM Bulgaria Holding AD, a subsidiary of Industrial Holding Bulgaria PLC, notified its intention to register a tender offer for the purchase of the remaining shares of IHB Elektrik AD, in which it already owns 93.96% of the capital. The tender offer is expected to be registered with the Financial Supervision Commission on 04.09.2017.

- Type: Acquisition
- Announced: 2017-05-23
- Where: Bulgaria
- Status: announced
- Products: electric machinery
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ZMM Bulgaria Holding AD](https://endata.com/companies/24460.md) (acquirer)
- [Industrial Holding Bulgaria PLC](https://endata.com/companies/24461.md) (partner)
- [IHB Elektrik AD](https://endata.com/companies/24462.md) (target)

## Sources

- [bulgariaholding.com](https://www.bulgariaholding.com/news/notification-zmm-bulgaria-holding-ad-subsidiary-industrial-holding-bulgaria-plc-intention), 2017-05-23: "ZMM Bulgaria Holding AD, a subsidiary of Industrial Holding Bulgaria PLC, notified to the rest of the shareholders of IHB Electric AD... for an intention to register a tender offer... for the purchase of the shares of the rest of the shareholders of IHB Electric AD."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.