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Provider: Reuters Investment Profile
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData

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Romania Seeks Consultant to Advise Romtelecom SA 45.99% Stake Sale-SeeNews - The Corporate Wire

Sunday, 6 Oct 2013 08:00pm EDT 

SeeNews - The Corporate Wire reported that the Romanian communications ministry is seeking to contract consultancy services in order to sell its 45.99% stake in Romtelecom SA. Interested consultants, investment banks or consortia comprising an investment bank and a legal advisor, are invited to file their bids by November 7, 2013, the ministry said in a statement on October 6, 2013. The Romanian government decided in July 2013 to resume the sale of its stake in Romtelecom SA. Its main option is the listing of the state-owned stake on the Bucharest Stock Exchange, the communications minister said at that time. This is the third time that the Romanian government has initiated the sale of its stake in Romtelecom SA. 

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-0.0095 -1.24%
23 Oct 2014