floatation
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Romanians contribute $40m to LinkedIn value
Shares of LinkedIn, the business social network, rose by 109% from the initial price on the second day since floatation, with its market value now put at $8.8 billion, according to Bloomberg. Thus, each CV posted on the website is worth around $81.
OTP prepares third fund for floatation
OTP Asset Management, one of the top five asset managers on the market, is preparing the listing of another closed-ended investment fund, for which it intends to raise around 4-5 million eur...
Continental to reconsider expansion plan
Radu Enache, who controls the Continental hotel chain, believes he made the right decision when he delayed the listing of the company on the Stock Exchange, a possibility he took into accoun...
Bleyzer targets floatation on Western stock markets for its companies
American investment fund SigmaBleyzer, which entered the Romanian market last year through the acquisition of dairy producer Covalact, aims to boost the value of its purchased companies with...
Cargus considers strategic partnership or floatation
Cargus, a leading player on the courier services market, is considering selling a stake and also floatation. "We started an audit process three months ago and are now considering whether to...
Ioan Micula rules out partnerships with funds, considers floatation
Ioan Micula, one of the shareholders of the European Food & Drink group, the biggest player involved in the domestic food industry, which posted approximately 700 million euros in revenues l...
Alro owner to gain $94m from London Stock Exchange floatation
Vimetco Swiss company (the former Marco Industries), the majority shareholder in Alro Slatina (ALR) aluminium producer, expects to derive gross gains worth around $94m (almost 70m euros) fro...
Meinl Bank chooses Cadbury's cash offer over floatation
Meinl Bank, which sold its controlling interests in the second-largest sweets maker Kandia-Excelent for approximately 100 million euros, the biggest deal on the domestic food market, chose U...
Catarama merges companies to prepare for floatation
Catarama merges companies to prepare for floatation