Ten days after Sif Oltenia announced its exit from BCR, shares have a more than 7%



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today, 00:03

authors:


Dan Grigore Ivan

,

Liviu Popescu

SIF Oltenia (SIF5) has risen 7% since the company announced that it will sell it to BCR

By way of comparison, the BET index fell 1.5% by day before SIF Oltenia sells to BCR. that it will sell its stake in BCR for 140 million euros to the Erste Austrians and up to the meeting yesterday afternoon, the BET index having dropped 1.5%.
SIF Oltenia announced on June 25, 2018 that it would sell 6.3% of the capital of BCR, and ZF calculated the momentum with the closures of the previous session, in this case June 22nd. SIF Oltenia achieved a market value of 1.2 billion lei.

"We have always had the constant concern to restructure quantitatively and qualitatively the company's portfolio to increase the liquidity, value and attractiveness of the action among potential investors," said TIDOR Ciurezu, chairman of SIF Oltenia.

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Article published in the print edition of Ziarul Financiar of 05.07.2018

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