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DIY chain seeks funding on the Bucharest Stock Exchange

MAM Bricolaj, a supplier of materials and accessories for furniture controlled by the Gavan family, wants to list its shares on the Bucharest Stock Exchange this fall. The company is looking to draw EUR 2 million from investors by selling a 25% stake in an initial public offering (IPO). The retailer plans to use the money for development. Local brokerage firm Tradeville will manage the IPO. "We want to ...

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