Ambient Owner Transfers 10% To BCR Fund To Settle EUR4.5m Debt

09.29.2014 By Cristi Moga

Businessman Ioan Ciolan, the majority shareholder of Sibiu-based do-it-yourself retail and construction material distribution company Ambient, transferred 9.99% in it to an investment fund of BCR, Business Capital for Romania Opportunity Fund, to settle a EUR4.5 million debt.

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Keywords:
ambient
, debt
, stake
, bcr