DEBT CONVERSION
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Capital Market
Cemacon, Investment Fund Agree On Converting RON58M Debt Into Shares
Local brick maker Cemacon (CEON.RO) agreed with Netherlands-registered investment fund Business Capital For Romania Opportunity Fund Cooperatief UA on the conversion into shares of a Cemacon's debt worth RON58 million (EUR13 million).
Companies · ZF MOBILIO '14
Romania Could Expect Bids For Posta Romana In June-August - Minister
Romania will resume the privatization process of its postal operator Posta Romana once the European Commission accepts a conversion of the company’s debt into shares and bids may be expected...