Societe Generale paid RON11.3 a share, similar to Friday’s closing price of RON11.29 a share.
Tuesday, the French lender paid RON2.3 million, or RON11.5 a share for the 0.02% stake in BRD.
BRD’s financial market division brokered the deal.
Societe Generale owns 58.32% in BRD, while Romania’s five regional investment funds SIFs hold together a 21.8% stake. (EUR1=RON4.2449)