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Minor Stake In Proprietatea Fund Sold On Bucharest Bourse For RON27M
A 0.46% stake in investment fund Fondul Proprietatea (FP.RO) was sold Friday on the Bucharest bourse's deal market for 27.1 million lei (EUR6.3 million).
Finance Ministry Set To Exit Fondul Proprietatea In October
The last 827 million shares the Romanian Government still holds in investment fund Fondul Proprietatea (FP.RO) will be used up for compensations to former owners in two months at most.
Burcea Looking To Sell 80% Stake In Paralela 45
Businessman Alin Burcea, owner of tour operator Paralela 45, wants to sell up to 80% of his shares to a “big” investor, Burcea told MEDIAFAX Tuesday.
Petrom’s Subscription Level Will Be Known Only After Offering Ends
The government’s sale offering of Petrom shares, but so far there is no public information on the level of subscription, which will only be known when the offering closes on July 22.
Court To Rule On SIF Stake Cap Constitutionality
The Constitutional Court will decide on June 2 the constitutionality of the 1% ceiling applied to stakes in the five regional investment funds, or SIFs.