Venture Equity Bulgaria made a buyout offer to acquire remaining 1.57% stake in Agroenergy Invest REIT-Sofia (BUL:6A7) for BGN 0.44 million on June 18, 2014. Venture Equity Bulgaria will acquire 0.44 million shares of Agroenergy Invest REIT-Sofia for BGN 1.115 per share. The offer is subject to approval from financial regulator.

The period for acceptance of the offer is 28 days from the date following the publication of the tender offer. The Financial Supervision Commission has not yet taken a position on the tender offer. As of October 15, 2014, Venture Equity Bulgaria made a revised offer to acquire 1.17% stake in Agroenergy Invest for BGN 0.37 million.

Under the offer, Venture Equity Bulgaria will acquire 0.33 million shares at BGN 1.116 per share. IP Favorit acted as broker for the buyer. As of November 3, 2014, the bid price was increased to BGN 1.129 per share.

As of October 29, 2014, The Bulgarian financial regulator has temporarily banned the buyout offer. As of November 13, 2014, Bulgarian financial regulator approved the transaction.