Elliott, One Of The Major Beneficiaries Of Property Restitution Process In Romania

04.29.2015 By Roxana Pricop

US hedge fund Elliott Associates, the largest shareholder of Fondul Proprietatea (FP.RO) with an over 19% stake, bought into the fund as early as 2009-2010. At the time Fondul Proprietatea had not gone public yet and the shares were available at really low prices (0.2 to 0.3 lei or EUR0.04 to EUR0.06) on the gray market.

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