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Erste Raises Stake in BCR

Published: June 5, 2012; 19:21 · (Vindobona)

Erste Group’s ownership in BCR increases to 93.27%, following the successful buyout offer for minority shareholders.

Erste Raises Stake in BCR / Picture: © BCR Banca Comercială Română

Erste Group Bank AG (Erste Group) increases its ownership in BCR from 93.04% to 93.27% or by 34.5 million shares following another share purchase offer made to the BCR minority shareholders other than the SIFs. The offer was valid between February 06, 2012 till and May 25, 2012 with the offered price per share held by minority shareholders of approximately 0.25 EUR*. In the…

This article includes a total of 152 words.

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