Bulgaria’s BACB to acquire 99.94% of Tokuda Bank

The Bulgarian-American Credit Bank said on April 16 it has agreed to acquire 99.94% of local Tokuda Bank from Japan-based Tokushukai Incorporated. The two banks are among the smallest in Bulgaria and their merger will not lead to a significant change o…

DTEK Energy Holding unveils 1.5-GW green energy plan

By bne IntelliNews DTEK Energy Holding, Ukraine’s largest private energy company, announced plans to inject 1.5 GW of renewable energy into the country’s power grid over the next three years. Speaking on behalf of DTEK, CEO Maksym Timchenko outlined th…