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Tag Archives: BGEO

BGEO Sold Georgian Healthcare Group Shares

BGEO Sold Georgian Healthcare Group Shares

BGEO Group PLC said it has sold a 0.7% stake in Georgia Healthcare Group PLC for a total of USD3.7 million. BGEO sold 833,160 shares in Georgia Healthcare on Friday at a price of 360 pence per share, equivalent to USD4.45. The shares were sold to JSC ABC Pharmacia, a …

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We will Make Focus on New Energy Sources in 2017

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BGEO Group plans to make focus on wind power generation in Georgia. BGEO Group director general Irakli Gilauri told BusinessContract. BGEO will make accents on energy projects, including the group is interested in wind power potential and feasibility studies will be carried out to this end. “This year we will …

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BGEO Group Issues 30m Georgian lari Currency Bond

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BGEO Group‘s water utility business has issued a 30m Georgian lari currency bond (about £9m), the largest issued in a local currency by a non-financial institution in Georgia. Georgia Global Utilities, with the company’s banking arm Galt & Taggart, has placed a GEL30m local currency bond with a five-year tenor …

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Archil Gachechiladze to Prepare IPO of GGU’ Shares

Archil Gachechiladze to Prepare IPO of GGU’ Shares

BGEO is preparing for IPO of another company. Now, the matter concerns to Georgia Global Utilities, which holds utility and energy assets in Georgia, including Georgian Water and Power, Rustavi Water and Mtskheta Water. IPO of company’s shares is planned in 2-3 years and Archil Gachechiladze, investment banker will head …

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