Lion Capital’s tender offer for Fondul Proprietatea (FP.RO) shares ended by getting it about 49% of the stake sought, after the price offered, RON0.68/share, led to a fast-paced increase in its price on the market, which quickly came close to the offer price.
SIF Imobiliare, held by Lion Capital, said in a stock market report that it sold its entire ownership stake in SIFI BH Retail Oradea, a company that leases out real estate assets, for a total amount of EUR9.5 million and RON474,900.
SIF Banat-Crisana (SIF1.RO), the largest financial investment company listed on the Bucharest Stock Exchange by assets and market value, is to become Lion Capital, after shareholders voted for rebranding on Thursday, February 23.
Romanian regional investment fund SIF Banat Crisana is summoning its shareholders on February 24, 2023 to change its name into Lion Capital.