BUCHAREST, July 9 Romanian investment fund
Fondul Proprietatea said on Wednesday it raised 212.7
million lei ($66.12 million) for its 13.5 percent stake in
state-owned power grid operator Transelectrica
through an accelerated bookbuilding process.
Fondul, set up to compensate Romanians whose assets were
seized under communism, holds minority stakes in a slew of
state-owned firms and has recently sold small stakes, including
in gas producer Romgaz and gas pipeline operator Transgaz.
"The final number of the offered shares is of 9,895,212
ordinary shares of the company and the price per share is 21.50
lei," Fondul said in a statement.
For more details, please see
($1 = 3.2169 Romanian lei)
(Reporting by Luiza Ilie)