CHELU
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Businessman Catalin Chelu Gets Six Years In Prison For Attempted Bribery
The Bucharest Court on Friday sentenced Romanian businessman Catalin Chelu to six years in prison for attempting to bribe Valentin Fatuloiu, former secretary of state with the Interior Ministry.
Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover
Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaw...
Catalin Chelu At War With SIF Oltenia Over Argus Constanta
SIF Oltenia (SIF5.RO) and businessman Catalin Chelu are engaged in one of the fiercest fights on the stock market, throwing accusations at each other and dragging important institutions into...
CNVM Limits Chelu Group Voting To 33% At Edible Oil Maker Argus
Romanian securities regulator CNVM on Wednesday decided to limit the voting rights, to 33%, for shareholders acting in concert with businessman Catalin Chelu, a group that controls a total 4...
Chelu Forced To Make Takeover Bids In 11 Romanian Companies
Romanian businessman Catalin Chelu has to make takeover bids in 11 companies where he owns stakes of over 33%, according to a series of ordinances issued by the securities commission CNVM.
SSIF Broker Buys 10% In VES Sighisoara For RON0.8M
Romanian brokerage firm SSIF Broker (BRK.RO) on Wednesday bought a 10% stake in pots and stoves maker Ves Sighisoara (VESY.RO) for 796,000 lei (EUR188,000).
SIF Oltenia Ups Its Argus Stake To 32%, Chelu Buys Other 3%
Regional investment fund SIF Oltenia (SIF5.RO) on Monday upped its stake in edible oil maker Argus Constanta (UARG.RO) by 4.7%, to 31.9%, while businessman Catalin Chelu bought another 3% an...
Catalin Chelu Buys Another 8.27% In Edible Oil Maker Argus
Romanian businessman Catalin Chelu on Friday bought additional 8.27% in edible oil maker Argus Constanta (UARG.RO), for a total 8.8 million lei (EUR2 million) and reported Monday his holding...
Catalin Chelu Buys 13% In Argus For RON15M
Romanian businessman Catalin Chelu on Thursday bought a 13.3% stake in edible oil maker Argus Constanta (UARG.RO), for a total 15.25 million lei (EUR3.57 million).