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Banca Transilvania Financial Group reached an agreement with BRD - Groupe Societe Generale and Societe Generale Assurances for the acquisition of BRD .
Romanian fuel distribution firm JT Grup Oil, controlled by local businessman Jean Paul Tucan (90%), estimates its business at EUR 37 million and seeks to raise EUR 11 million-13 million in exchange for 28.5% with an IPO designed to capitalise on a highly optimistic growth story that relies mostly.
The Financial Supervisory Authority (ASF) approved in its meeting of Wednesday, May 22, the Prospectus for the initial public offering of 10 million share.
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