Proprietatea Fund Sells 23.6% Stake In Conpet For RON100M Via Accelerated Bookbuild

11.13.2014 By Gabriela Stan

Romanian investment fund Fondul Proprietatea (FP.RO) sold a 23.6% stake in state-run oil transporter Conpet Ploiesti (COTE.RO) via an accelerated bookbuild, for 99.8 million lei (EUR22.5 million), down 8% from the last closing price before the sale announcement, the fund said Thursday.

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Keywords:
PROPRIETATEA FUND
, CONPET
, BOOKBUILD