edition:
polskienglish
log in | register
previous
Fenix did not pay rent – claims GTC
next
CVR Transport comes to Prologis Budapest-Harbor

reklama

Impact faces takeover

25 September 2013

ROMANIA The shareholding of Gheorghe Iaciu in Impact Developer & Contractor has grown to over 33 pct, the threshold at which under Romanian law he is compelled to make a mandatory takeover offer for the entire share capital of the company.

Gheorghe Iaciu, who is the owner of the Doraly Expo Market, a commercial centre and business park in Afumați in Southern Romania, began investing in Impact, the developer of the Greenfielsd residential estate in Bucharest, in March. Now, he is to offer RON 19.6 mln (EUR 4.4 mln) at RON 0.16 per share for 122.6 mln shares representing the remaining 62 pct stake in the Bucharest Stock Exchange listed company. The offer should be completed by October 16th.



Newsletter
Want to know more? Sign up for the Newsletter


reklama

More news

reklama

conferences

The 17th Annual Eurobuild CEE Golf Tournament
The 13th Annual Eurobuild CEE Tennis Tournament
The 3rd Architecture and Construction Festival
The 9th Conference Office Market for Poland
The 24th Annual Property Market Convention
Eurobuild Awards 2018
reklama

reklama
About Us Contact Privacy Rules Archive Newsletter
Copyright 2017 EuroCEE. All rights reserved.