Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Bank Leumi agrees in principle to sell Romanian unit to Argo Capital Management

Israel's Bank Leumi said on Wednesday that it has signed an agreement in principle for the sale of its 99.91% stake in its Romanian subsidiary to British investment fund Argo Capital Management, seenews.com informs.The decision is part of a strategy concentrating international operations in major financial centres through the bank's subsidiaries in the United States and the UK, Bank Leumi said in a statement filed to the Tel Aviv Stock Exchange ...

Article accessible to subscribers only. Please login or subscribe.

More