stake
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QVT buys 6% stake in Flamingo
The US-based QVT Fund, which has become known on the market over the last few months due to its attempt to twist the arm of the Czechs at Zentiva into increasing the price in the tender offe...
Erste considers negotiations with SIFs to buy their stake in BCR
Erste Bank, the future majority shareholder of Banca Comerciala Romana, is considering negotiating with the five SIFs over a price to buy their about 30% stake in the bank, Andreas Treichl,...
Alro ups Alum stake to over 92%
SIF Banat-Crisana sold its 24.09% stake in alumina producer Alum Tulcea during the mandatory tender offer conducted by Alro Slatina, collecting some 2.4 million euros for it. This tender off...
Banks raising the stake on mutual funds market
The largest banks in the system have found a new battleground over the past twelve months: the mutual fund market. Almost every major Romanian banking group has thrown millions of euros onto...
Stake in BSE up for sale
One million euros. This is the asking price for the first stake in the Bucharest Stock Exchange that could change hands after the transformation of the BSE into a trading company and its mer...
Adamescu buys SIFs'' stake in Astra
Businessman Dan Adamescu, the majority shareholder of Astra Asigurari, has reached an agreement with the SIFs that had challenged a capital increase performed by the insurance company, thus...
Copos collects 23 million euros for 0.9% Connex stake
Vice-premier George Copos sold the 0.9% stake he still held in MobiFon, the company that operates the Connex mobile telephony service, to the British Vodafone Group, in exchange for 16 milli...
Pipelife increases stake in Romanian branch to 100%
Pipelife increases stake in Romanian branch to 100%
ThyssenKrupp sells stake in Compa Arcuri
ThyssenKrupp Automotive, which is a member of the German group ThyssenKrupp, has announced plans to sell its controlling interests in the European facilities that make bearing springs for tr...