News » April, 2011 » 4 April 2011
Russians come first in race to broker Petrom's offering
04.04.2011, 23:55 | Capital Markets | 1152 views
The Romanian state is set to announce today whether it accepts to have the biggest offering in the history of the Bucharest Stock Exchange brokered by the consortium led by Renaissance Capital, half-owned by a Russian billionaire with an empire in gold production. Russian investment bank Renaissance, in consortium with BT Securities (the brokerage division of Banca Transilvania), EFG Securities (the brokerage division of Greek group EFG, owner of Bancpost) and Romcapital got the highest score (92.5 points) at the tender organised by the state to choose the broker of the sale of a 9.8% stake in Petrom, according to sources present at the tender held at the Economy Ministry - OPSPI (The Office for State Stakes and Industry Privatisations). Read more on ZF.ro
|
Latest news in category Capital Markets
Romania must develop stronger and more liquid financial markets to support economic growth, World Bank experts said told a conference on capital markets, which was held in Bucharest. read more...
Retail investors submitted orders in value of 4.152 billion lei ( over 937 million euros) following Romgaz public offer, on this side the offer being oversubscribed by nearly 15 times over, representatives of some brokerage houses told. read more...
According to some market sources, businessman Alin Tatu yesterday sold his 5% stake in SIF1 Banat Crişana, in a trade on the "Deal" tier of the market, following a spectacular hike on the quotations of the market. read more...
|
|
