Fondul Proprietatea gets close to RON 400 mln from 2.5 pct stake sale in OMV Petrom

Georgiana Bendre 21/09/2017 | 13:08

Fondul Proprietatea got close to RON 400 million from selling a 2.5 percent stake in Austrian oil major OMV Petrom.

“As the shares price was established at RON 0.2750/share, the gross revenues from the transaction reach RON 399.85 million. Petrom won’t receive any amount from the transaction. Under the offset reserve of the transaction, the remaining share of the fund in Petrom is 9.9985 percent of its social capital,” says the announcement submitted to the Bucharest Stock Exchange.

Fondul Proprietatea sold 1.454 billion shares in an accelerated private investment offer.

Goldman Sachs International, WOOD & Company Financial Services and Banca Comerciala Romana were the joint bookrunners of the transaction.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Georgiana Bendre | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue