SIF Oltenia buys 2.7% in Argus
SIF Oltenia bought 2.7% in edible oil producer Argus Constanta for 21.8bn ROL on RASDAQ. The company had no Argus shares at the end of last year. Most of the oil producer's shares changed hands for 255,000 ROL each that day. The company has recently sold its stake in cereal storage provider Comcereal Alexandria, with part of the money therefrom collected invested back in the same industry
SIF Oltenia bought 2.7% in edible oil producer Argus Constanta for 21.8bn ROL on RASDAQ. The company had no Argus shares at the end of last year. Most of the oil producer’s shares changed hands for 255,000 ROL each that day. The company has recently sold its stake in cereal storage provider Comcereal Alexandria, with part of the money therefrom collected invested back in the same industry. Argus Constanta is controlled by its employees and the main shareholder is general manager Vasile Leu, 11%. Argus has been going up over the last three months, gaining 45%. ZF
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