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RAIKO Transilvania closes private share placement on Bucharest bourse

Romanian guttering systems manufacturer RAIKO Transilvania said on Friday it has raised 840,000 lei ($190,500/176,000 euro) via a private placement of shares on the Bucharest Stock Exchange. During the private placement, which run for 3 days between February 13-17, the company sold 800,000 shares for 1.05 lei per share, it said in a press release. A total of 20 retail and institutional investors participated in the ...

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