OPSPI started procedures to sell 9.8 stake from Petrom

Newsroom 25/11/2010 | 16:59

The Romanian Office for State Participations and Industry Privatization (OPSPI) has initiated the procedures to sell the 9.8 percent stake from Petrom on the stock exchange.

As a first step, the state institution has made public the announcement to take on legal consultancy services through which to manage the selection of financial consultancy services for a second IPO for OMV Petrom.

According to state authority sources quoted by media reports, the share package listing it is estimated to be finalized by March next year.

 

Dana Verdes

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