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Analiza ZF · Economic

Romanian SIF Moldova Trades BCR Stake For 1% In Erste

Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank's shareholding structure this year.

de Andrei Cîrchelan , Translator RO-EN 15.12.2011 · 17:33 1 min de citit

Last week, the fund announced it received 123.6 million lei (EUR28.5 million) for a stake of 1.26% in BCR. Following the deal announced today, the fund has exited the bank’s ownership structure.

The first SIF to complete a similar operation was SIF Transilvania (SIF3.RO).

SIF Moldova received 4.02 million shares in Erste.

bcrersteSIF MOLDOVA

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