Oltchim Privatization Contract Delayed Over Missing Clauses

Update 09.24.2012 By Florentina Dragu

Romanian politician and television host Dan Diaconescu Monday refused to sign the contract for the purchase of a 54.86% stake in state-run chemical company Oltchim SA (OLT.RO), saying the deal he was presented with was different from the one included in the auction documentation.

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Keywords:
OLTCHIM
, DIACONESCU
, PRIVATIZATION