Transgaz Shareholders OK Deal Enabling EBRD To Become Shareholder In Vestmoldtransgaz With 25% Stake

10.05.2020 By Ecaterina Craciun

Shareholders of Romania's natural gas transmission company Transgaz (TGN.RO) on Monday approved the conclusion of a transaction with the European Bank for Reconstruction and Development (EBRD) consisting in latter’s subscription of a participation interest newly issued by Vestmoldtransgaz for the amount of EUR20 million, enabling EBRD to become a Vestmoldtransgaz shareholder with 25% of its share capital.

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