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Fondul Proprietatea to launch new buyback offer for 200 mln shares

Fondul Proprietatea, the biggest investment fund in Romania, whose shares are trading on the Bucharest Stock Exchange and GDRs on the London Stock Exchange, will launch a new buyback offer for a total of 200 million own shares (including GDRs). The fund’s manager, Franklin Templeton Investment Management has hired Romanian brokerage firm Swiss Capital and international broker Auerbach Grayson to manage the offer. The terms of the offer, including ...

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