Elliot Sells Fondul Proprietatea Shares Worth $27M On London Stock Exchange

02.27.2017 By Gabriela Stan

Manchester Securities Corp, controlled by US hedge fund Elliot, the largest shareholder of Romanian investment fund Fondul Proprietatea (FP.RO), sold approximately 2.5 million global depository receipts (GDRs) in the fund, the equivalent of transactions worth $27 million, in five transactions between February 3-21.

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Keywords:
ELLIOT
, FONDUL PROPRIETATEA
, SHARES