At its meeting today, the Financial Supervision Commission (FSC) approved the tender offer of LLI Euromils Gmbg, Vienna to the rest of shareholders in Sofia Mel (

) at a price of 77.52 leva per share.

The number of shares controlled by LLI Euromils Gmbh (directly or through related parties) is 403,693, or 60% of the capital. The offer will be valid for a period of 28 days after the its announcement in two daily newspapers.

On 17 July, 403,693 shares of Sofia Mel were transferred at 77.52 leva or 31.3 mln leva (16.003 mln euros) in total.

At the end of July the FSC approved the takeover.

The acquisition of Sofia Mel is part of Leipnuk-Lundenburger Invest's expansion strtegy. The company controls similar enterprises in Austria, Germany, Hungary, Poland and The Czech Republic, and is determined to cofirmed its leading positions in Europe.

In H1 Sofia Mel posted a pre-tax profit in the amount of 770,000 leva (393,694 euros), compared with a negative result at 337,000 leva (172,305 euros) a year ago.

104 shares changed hands on the position today at ana average of 70.51 leva.