Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Franklin Templeton: FP public offering is a way to return money to shareholders at value closer to net assets

The public offering for the stock buyout Proprietatea Fund (FP) will conduct in the period October 15 - November 4 is a way to return money to shareholders at a value closer to the net assets and to reduce the discount the FP shares are traded at on the stock market, FP manager Grzegorz Konieczny said in a meeting with the press on Friday.Proprietatea Fund will pay one leu per share in the buyout programme aimed at taking over a 4.35 ...

Article accessible to subscribers only. Please login or subscribe.

More