Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

BVB is technically, operationally ready for Govt's privatisation programme offers

The Bucharest Stock Exchange (BVB) is technically and operationally ready to conduct offers as part of the Government's privatisation programme, the BVB said in a press release on Thursday.

The BVB said it hails the Government's adoption on Wednesday of the privatisation strategy for Tarom SA Company, that calls for the sale of a 20 percent stake in the airline's share capital, in line with the commitments made to the international financial institutions.

The BVB expresses its full readiness to support the Government and the Ministry of Transport and Infrastructure, that has been tasked with taking the required measures for the implementation of Tarom's privatisation strategy and to sell the block of shares by initial public offering (IPO) on the BVB so that the offer may be successful, by specific market mechanisms for conducting the offer or for promoting the offer among the institutional and retail investors or by any other elements that the authorities or the offer broker might need.

The Stock Exchange deems adequate the Government's programme for the capital market development as an important lever for the development of the national economy and it reiterates its support and cooperation with the institutions involved in listing the blocks of shares in the companies already included in the state's privatisation programme as well as in expanding such listing to other companies held in the portfolios of the decision-making ministries, the release said.

Sursa: http://www.actmedia.eu

Tags: programme privatisation bvb

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