EBRD Sells 86.7 Million Shares In Banca Transilvania, Reduces Stake To 11.47%

11.13.2015 By Gabriela Stan

The European Bank for Reconstruction and Development (EBRD) sold Friday 86.76 million shares in Romanian lender Banca Transilvania (TLV.RO), in an accelerated bookbuild placement on the Bucharest Stock Exchange, reducing its equity stake to 11.47% from 14.33%, EBRD said in a statement.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: EBRD; , BANCA TRANSILVANIA; , STAKE

Comment

Username:
Password: