CNVM approves MPTO price for Rompetrol Rafinare
Raiffeisen Capital&Investment - 8 Februarie 2010
According to media sources, the National Securities Commission (CNVM) has approved today the mandatory public tender offer price for Rompetrol Rafinare (RRC).
The price is set at RON 0.0741 per share and is 18.6% higher compared to the previous price proposed by The Rompetrol Group (TRG) and rejected by CNVM. The MPTO price is 20% higher than RRC last trading price of RON 0.0618 (January 27). RRC are currently suspended from trading pending an official release regarding CNVM's decision on RRC mandatory offer. We believe that investors should accept the price offered by TRG since we believe that the probability that the minority investors will contest the CNVM decision and ask for a higher price is low, as well as the chance to win the case.
Sursa: http://www.rciro.ro
Tags: price
rompetrol
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Zhanat Tussupbekov - noul directorul general al grupului Rompetrol 
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