The deal’s terms were similar with those agreed with the other four SIFs.
Thus, for its stake in BCR, the SIF stands to collect 123.6 million lei (EUR28.4 million) in cash and a 1% stake in Erste.
Under the agreement, the SIF gives up the right to request the floating of BCR shares as well as the right to collect special dividend. (EUR1=RON4.3498)