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EBRD slightly reduces stake in Banca Transilvania

The European Bank for Reconstruction and Development (EBRD) has slightly reduced its stake in Banca Transilvania (BT), the largest lender in Romania, according to a press release.   EBRD sold 13.7 million shares in an accelerated bookbuild placement at the Bucharest Stock Exchange (BVB). The shares sold on June 27, 2024 represent 1.7% of the total shares of Banca Transilvania. EBRD maintains a ...

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