JP Morgan, Goldman Sachs To File Bids For Romania Romgaz IPO - Sources
Three consortia including US banking corporations JP Morgan, Goldman Sachs and Citibank will submit offers to broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the capital market told Mediafax Wednesday.
They said the first consortium comprises Goldman Sachs, Austria’s Erste Bank AG and its Romanian subsidiary BCR, Raiffeisen Capital&Investment and Intercapital Invest.
A second consortium includes JP Morgan, UniCredit CAIB, Alpha Finance and Alpha Bank, while the third one is made of Citibank, France’s Societe Generale, together with its Romanian unit BRD, and Dutch-based ING Bank.
Romania owns 85.01% in Romgaz and plans to list a 15% stake in Bucharest by the end of June.
Citește și
4 min
Ștefan Stan
2 min
Ștefan Stan
2 min
Ștefan Stan