English
The documentation for the public takeover of SC Policolor SA initiated by RC2 Cyprus Ltd. and Romanian Reconstruction (Cyprus) Ltd. has been approved by the National Securities Commission (CNVM). The two investment funds intend to acquire 48.60% in the company (34,632,258 shares) and are offering 2.05 RON per share. The funds are therefore prepared to pay 70,996,128 RON (128 million EUR) for this purpose. The offer will be valid between March 13th - April 17 exclusively on the Bucharest Stock Exchange (BVB) and is brokered by SSIF EFG Eurobank Securities SA. Policolor is listed on the BVB as PCL. Yesterday"s average was 9.75% higher than the price offered by the Cyprus-based funds.
Cyprus Investment Funds Offer 21 Mln EUR For Half Of Policolor
F.A.
Ziarul BURSA #English Section / 8 martie 2007
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