Romania’s Bucharest and Sibiu stock exchanges have selected Deloitte to assess their assets in the case of a potential merger, the Bucharest stock exchange announced.
Deloitte will also establish the exchange rate for shares in the event of a merger.
The Bucharest Stock Exchange (BVB) has a market value pf RON184 million, In 2015, it had operating revenue of RON36 million and a profit of RON7.51 million.
BVB shares declined 10.74% since the beginning of the year and the stock exchange operator posted a profit of RON0.004 million in the first quarter, from a profit of RON1.95 million in the first quarter last year.