Romania Extends Bidding Deadline For Brokering Romgaz Public Offer
Romania’s Economy Ministry has extended until January 16 the deadline by which companies can bid to broker the floating of a 15% stake in state-owned natural gas producer Romgaz.
The initial deadline had been set for December 29, but multiple bidders requested an extension.
Thus, bidding will unfold until January 16, 10:00 local time (GMT0800). The bids will be opened on the same day, at 11:00 local time.
The listing offer may be launched in June or September 2012, according to Florin-Laurentiu Vladan, head of the authority in charge with the operation.
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