Hidroelectrica Seeks Equity Adviser in View of IPO

Romanian state-owned power producer Hidroelectrica has launched procedures to acquire equity advisory services for an estimated RON8.4 million in view of an initial public offering.

84 views

The company expects bids by January 30.

Back in December, Hidroelectrica shareholders (the Romanian state – 80% and Fondul Proprietatea – 20%) decided the company would distribute additional dividends of RON1 billion, of which the state will be entitled to RON800 million.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.