oldid145006

MEI, 6m-euro stocks in Imotrust and Contor Arad

Two investment funds managed by the Dutch-based Middle Europe Investments (MEI) bought a 5% stake in real estate developer Imotrust Arad (ARCV) on Tuesday, from its majority shareholder, Grup Codlea, through transactions worth 18.7 million RON (5.5 million eur...