Julius Baer purchases 7.5 pc stake in Bucharest Intercontinental

American investment fund Julius Baer International Equity Fund that holds a share package in Albalact Alba-Iulia producer, as well, took over a stake of 7.52 percent in Romania Intercontinental Hotel Company (CHIR), the owner of the five-star Intercontinental hotel in Bucharest.This transaction was reported by the company to Rasdaq market. Businessman Viorel Paunescu, one of CHIR shareholders, sold during May 31, this year, trading session a stake of 4.82 percent in this company's share ...

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