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Reuters: Romania's Fondul to launch buyback tender

Romanian investment fund Fondul Proprietatea plans to buy back 750 million of its shares, or roughly 6 percent at a tender, it said on Monday. The 3.4 billion euros ($4.35 billion) fund, created to compensate Romanians whose assets were seized under communism, holds minority stakes in a slew of state-owned companies, some of which are ...

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