First Deal With BCR Stock: SIF Muntenia To Sell 3.8% To Erste For Some EUR60M

10.14.2011 By Andrei Circhelan

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and Erste Group Bank (EBS.RO) stock worth some EUR43 million.

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:: SIF MUNTENIA; , BCR; , ERSTE

Comment

Username:
Password: