Lion Capital (LION.RO) on Monday notified investors on the Bucharest Stock Exchange about its board of directors approving the sale of the entire stake in Azuga Turism (98.94%), consisting of 786,882 shares, to Electric Planners in a EUR9 million deal.
Lion Capital (LION.RO) on Monday notified investors on the Bucharest Stock Exchange about its board of directors approving the sale of the entire stake in Azuga Turism (98.94%), consisting of 786,882 shares, to Electric Planners in a EUR9 million deal.
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing intent to propose a reorganization plan and keep the right to manage its operations.