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Analiza ZF · Economic

Brokers To Bid For Romanian Romgaz Listing By December 29

Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a news release.

de Andrei Cîrchelan , Translator RO-EN 28.11.2011 · 14:48 1 min de citit

The shares would be taken out of the 85% stake owned by the Economy Ministry in the company. The remaining 15% is owned by investment fund Fondul Proprietatea (FP.RO).

Bids will be filed until December 29, 12 pm local time, and they will be opened 30 minutes later.

The task book costs EUR8,000 or its RON or USD equivalent, plus VAT. The literature needs to be bought by one broker in each consortium.

LISTINGRomgaz

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