Tokuda Bank AD Changes Owner

Industrial Holding Doverie AD, a subsidiary of Doverie Obedinen Holding AD, has signed a preliminary contract for the acquisition of 99.53% of the capital of Tokuda Bank AD, according to an official media statement of the company.

The seller of the 99.53% stake in Tokuda Bank AD is International Hospital Services, a Japan-registered company known in Bulgaria as the owner of Tokuda Bank AD and a number of companies operating in the sphere of healthcare.

The deal is to be approved by the Financial Supervision Commission, the Commission for Protection of Competition, and the Bulgarian National Bank.

The sale will take place after all the necessary permits have been issued and the requirements included in the articles of association of the bank and the special terms included in the preliminary contract have been fulfilled, according to reports of money.bg.