EBRD Sells 86.7 Million Shares In Banca Transilvania, Reduces Stake To 11.47%

11.13.2015 By Gabriela Stan

The European Bank for Reconstruction and Development (EBRD) sold Friday 86.76 million shares in Romanian lender Banca Transilvania (TLV.RO), in an accelerated bookbuild placement on the Bucharest Stock Exchange, reducing its equity stake to 11.47% from 14.33%, EBRD said in a statement.

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Keywords:
EBRD
, BANCA TRANSILVANIA
, STAKE