Toplivo AD (BUL:3TV) agreed to acquire Synergon Petroleum Plc from Synergon Holding PLC (BUL:6S7) for BGN 1.5 million on October 21, 2015. Under the terms of the deal, Toplivo will acquire the 0.11 million Synergon Petroleum shares for a total amount of BGN 1.47 million and then later hike Synergon Petroleum's capital. The deal is subject to approval of shareholders of Toplivo. The purchase of the shares should be finalized by January 20, 2016.

Toplivo AD (BUL:3TV) completed the acquisition of Synergon Petroleum Plc from Synergon Holding PLC (BUL:6S7) on January 18, 2016.