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Banca Transilvania President Sells 23 Million Shares To Pay Back Loan
Banks-Insurance

Banca Transilvania President Sells 23 Million Shares To Pay Back Loan

Horia Ciorcila, president of Banca Transilvania (TLV.RO) and the main individual shareholder, sold Wednesday a stake of 23 million Banca Transilvania shares worth approximately EUR11 million...

Gabriela Stan · 18.06.2015 · 11:00 · 1 min
Investment Fund RC2 Resumes Sale Of Albalact Stakes
Capital Market

Investment Fund RC2 Resumes Sale Of Albalact Stakes

Cyprus-registered investment fund RC2 Limited resumed transactions with shares of Romanian dairy manufacturer Albalact (ALBZ.RO), after the transfer to the main market of the Bucharest stock...

Manuela Panescu · 11.06.2015 · 17:12 · 1 min
Value4Capital Might Exit MedLife Shareholding Structure In July-August
Health

Value4Capital Might Exit MedLife Shareholding Structure In July-August

The transaction whereby private equity firm Value4Capital (V4C) will exit the shareholding structure of private medical services provider MedLife might be completed in July or August 2015, M...

Ecaterina Craciun · 18.03.2015 · 15:09 · 1 min
SIF Moldova And Private Equity Grup Luxembourg Sell 17% Stake In Agricola International
Retail&Consumer

SIF Moldova And Private Equity Grup Luxembourg Sell 17% Stake In Agricola International

SIF Moldova and Private Equity Grup Luxembourg want to sell their stakes in Agricola International, which totral over 17%, and other shareholders have preemption right and could make an offe...

Oana Gavrila · 04.03.2015 · 17:39 · 1 min
Biofarm Buyback Offer Largely Oversubscribed
Capital Market

Biofarm Buyback Offer Largely Oversubscribed

The buyback offer launched by pharmaceutical producer Biofarm (BIO.RO) on the Bucharest stock exchange was heavily oversubscribed, as the company’s main shareholders placed orders to sell th...

Bogdan Neagu · 15.09.2014 · 23:43 · 1 min
Banca Transilvania Shares Gained 80% In Last Twelve Months
Capital Market

Banca Transilvania Shares Gained 80% In Last Twelve Months

The shares of Banca Transilvania (TLV.RO), the largest Romanian-held lender, rose by almost 80% in the past year, the highest increase among Bucharest stock exchange's blue-chips.

Loredana Frățilă-Cristescu · 17.06.2014 · 00:00 · 2 min
Bank Of Cyprus Sells Stake in Banca Transilvania
Capital Market

Bank Of Cyprus Sells Stake in Banca Transilvania

Bank of Cyprus, the battered Cypriot bank, sold its almost 10% stake in Romanian lender Banca Transilvania (TLV.RO) for 368.1 million lei (EUR82.5 million) on the Bucharest stock exchange Fr...

Bogdan Neagu · 18.04.2014 · 17:37 · 1 min
NEPI Shareholders To Receive New Stock Worth EUR23.5M
Capital Market

NEPI Shareholders To Receive New Stock Worth EUR23.5M

South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), will distribute its stockholders new shares worth EUR23.51 million for the six months ended December...

Florentina Dragu · 11.04.2014 · 12:32 · 1 min
Romania To Sell 26% Stake In Rompetrol Rafinare Starting From $200M
Energy

Romania To Sell 26% Stake In Rompetrol Rafinare Starting From $200M

Romania will auction in the summer a stake of 26% in oil refinery Rompetrol Rafinare (RRC.RO) with the starting price of $200 million, a government official said Wednesday.

Florentina Dragu · 19.03.2014 · 15:40 · 1 min