Electromontaj to launch takeover offer for Iproeb
Raiffeisen Capital&Investment - 10 Mai 2010
According to a Securities Commission (CNVM) release to the Bucharest Stock Exchange, it approved Electromontaj SA Public Tender Offer (MPTO) for Iproeb (IPRU).
Electromontaj is the largest shareholder of IPRU with a stake of 30.8% is offering RON 1.37 per share for the 69.2% stake it does not own. The offer will be open between May 12 and June 2. IPRU shares last traded at RON 1.9 on May 6.
Sursa: http://www.rciro.ro
Tags: offer
electromontaj
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