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Tina R sells 49% of its shares to aid expansion and BSE listing

The shareholders of the clothing stores chain Tina R sold 49% of the company's shares through a capital increase worth 3 million euros, with two targets in mind: expansion onto the local market and floatation on the Bucharest Stock Exchange, Ziarul Financiar daily writes on Tuesday. The most important new shareholder attracted to the company's structure is Dutch investment fund Middle Europe Opportunity Fund II, managed by Middle Europe Investment (MEI), an independent Dutch investment ...

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Wednesday, June 13, 2007