At the end of January, TMK Europe concluded a public purchase offer to acquire additional shares in TMK-Artrom Slatina, reaching a holding of 98.8%, above the 95% threshold allowing it to delist it from the stock market.
Russian billionaire Dmitry Pumpyansky, via TMK Europe, paid RON43 million for 7.1 million shares, representing 84% of the targeted number of shares and 6.1% of TMK-Artrom’s share capital.
TMK-Artrom’s shares will be suspended from trading later this week.