SIF Muntenia's GSM resolutions regarding BCR stake
Raiffeisen Capital & Investment - 23 Septembrie 2011
SIF Muntenia (SIF4) has made public the resolutions of its GSM regarding the outcome of its 6% stake in BCR. The communiqué said that the shareholders approved a push for the listing of BCR unless an agreement with Erste Group to buy them out would be reached in the next 15 working days.
Therefore, the agreement in principle between Erste Group and the four SIFs is not yet considered as a legally binding act. Moreover, there are question marks if this GSM was compliant with all legal formalities considering the fact that SIF4 has not officially modified the topics of the GSM to include the mentioning of the buy-out clause. We view this piece of news as neutral for SIF4 shares.
Sursa: http://www.rciro.ro
Tags: sif
bcr
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