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Romania's Chimcomplex Borzesti submits offer for Oltchim assets

Romanian chemicals producer Chimcomplex Borzesti [BSE:CHOB] said on Thursday it has submitted an offer to take over the assets of its insolvent peer Oltchim [BSE:OLT], seenews.com reads. Chimcomplex, part of Romanian Commercial Services Group (SCR Group), will be supported in this transaction by US industrial group Tricon Energy as a trading partner, five European banks co-ordinated by ING, and two investment funds in London and Dubai, the company said ...

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