UPDATE 1-Bulgarian businessman Roussev takes control of telecoms group Vivacom

August 31, 2016 10:38 AM

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SOFIA Aug 31 A consortium led by Bulgarian businessman Spas Roussev has taken control of Bulgaria's leading telecoms operator Vivacom from Russia's VTB Bank after winning an auction for the company with a bid of 330 million euros ($368 million).

The auction was held last November but the winner was not confirmed by VTB until Wednesday.

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