Bulgarian Stock Exchange AD (BUL:BSE) said that it dropped plans to acquire a stake in local investment company CapMan Oyj (HLSE:CAPMAN). Last week, the bourse operator proposed to its shareholders to approve the acquisition of up to 45% but no less than 40% interest in Capman's capital for up to BGN 5.7 million ($3.4 million/EUR 2.9 million) in order to achieve synergy between the multilateral trading systems of the two companies. The Bulgarian Stock Exchange said at the time that it plans to buy up to 1,125,000 Capman shares at a price of up to BGN 5.0576 apiece.