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Vimetco Eyes €140M Romania Unit Stake Sale

Vimetco group is seeking to sell a 21% stake in its Romanian unit, Alro Slatina.

    Vimetco集团是seeking to sell a 21% stake in its Romanian unit,Alro Slatina,Romania-Insiderreports. The aluminum producer is seeking to raise around €139.8 million from the secondary public offer.

    UniCredit Bank,UniCredit CA IB Securities Romania,RaiffeisenCapital &InvestmentandING Bankhave been appointed to manage the sale. Vimetco owns 84% of Alro, whileFondul Proprietateahas a 10% share andConefhas a 3.5% stake.

    Click here for the story fromRomania-Insider.

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