FONDUL PROPRIETATEA
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Raiffeisen Romania CEO Eyes Proprietatea Board Seat
Elections for a seat on the Board of Representatives at investment fund Fondul Proprietatea (FP.RO) have drawn seven candidacies so far, including that of Steven van Groningen, chief executi...
Proprietatea Fund May Buy Back 8% Of Own Shares
Franklin Templeton Investment Management Ltd. UK, sole administrator of Romanian restitution fund Fondul Proprietatea (FP.RO), Friday called on the fund’s shareholders to approve a buy-back...
Proprietatea Fund Profit Falls To RON1.2M In February
Romanian investment fund Fondul Proprietatea Wednesday said its net profit fell to 1.2 million lei (EUR0.27 million) in February, from RON3.7 million a month earlier.
Enel Not Keen To Buy Shares In Fondul Proprietatea Purge
Italian utilities group Enel is not interested in buying the shares owned by investment fund Fondul Proprietatea (FP.RO) in Enel's Romanian subsidiaries, the group’s chief executive officer...
Fondul Proprietatea Presses Government To List Energy Companies, But Won’t List Its Own Assets
The manager of Fondul Proprietatea (FP.RO) has hired US investment bank Citigroup to find buyers for EUR527.6 million worth of shares it holds in 13 energy and natural gas distribution compa...
Fondul Proprietatea Hires Citigroup To Sell Shares Worth EUR0.5B
Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 millio...
Fondul Proprietatea Eyes Selling Unlisted Stakes
Investment fund Fondul Proprietatea (FP.RO) on Tuesday announced the appointment of Citigroup Global Markets Limited as intermediary in the sale of stocks in several unlisted power and gas d...
Fondul Proprietatea Calls Shareholders To Discuss Asset Sale
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholde...
Fondul Proprietatea Holder Proposes Assets Sale For Cash Return
One of the largest stockholder in Romanian investment fund Fondul Proprietatea (FP.RO), US hedge fund Elliott Associates, asked for some of the fund's assets to be sold and the money obtaine...