News » February, 2011 » 28 February 2011
Who the giants vying for Petrom's second privatisation are
28.02.2011, 08:47 | Capital Markets | 960 views
The deal by which the state wants to sell a 9.84% stake in Petrom (SNP), the biggest Romanian company, will be the biggest one sealed so far on the Bucharest Stock Exchange. The offering, valued at 500m euros, generated a flurry of talks between Bucharest, London, New York and even Moscow, with the most important domestic brokers trying to find partners among the world's biggest investment banks in a bid to get the state's mandate to sell the 5.5 billion shares. 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...
|
|
