PropertyEU

Fabian approves Black Sea takeover offer

By A staff reporter 2008-12-22T00:00:00

Rompetrol Holding's AIM-listed unit Black Sea Global Properties (BSGP) has reached an agreement with Fabian Romania to launch a takeover offer for the Romanian property investor for EUR 1 per share. The offer represents a premium of 93% over the closing price of Fabian Romania shares of EUR 0.51 on ...

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