News » February, 2011 » 28 February 2011
Who the giants vying for Petrom's second privatisation are
28.02.2011, 08:47 | Capital Markets | 903 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
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