CBW.ge Caucasian Business Week – Be informed, do business
BGEO Group alienated stakes of 4 million GEL from the shareholders of Teliany Valley.
“East Capital”, representative of “Salink Limited”, registered two deals (17,54%; 14,49%) made on 32%-share by fixing.
BGEO announced capital increase by shares’ emission and production of beer under the brand of Heineken (Teliany Valley is an official distributor in Georgia).
As of H1/2015, 50,2% of “Teliany Valley” is owned by “Liberty Consumer”, which 70,2% is owned by BGEO Investment. BGEO Investment unites several non-core assets separated from Bank of Georgia’s assets (m2, “Georgian Healthcare Group”, “Liberty Consumer”, “Caucus Autohouse”.
Other shareholders were: “Salink Limited” – 17,54%, Firebird Aurora Fund – 14.21%, Firebird Republic Fund – 8.82%.
