SIF Moldova Collects RON123.6M For BCR Stake

The sale contract was concluded on November 30 and the deal’s terms were similar with those agreed with the other four SIFs.

Thus, for its stake in BCR, the SIF stands to collect RON123.6 million in cash and a 1% stake in Erste.

Under the agreement, the SIF gives up the right to request the floating of BCR shares as well as the right to collect special dividend. (EUR1=RON4.353)