Romania's Banca Transilvania starts mandatory tender for 33.2 pct of Moldova's Victoriabank

Banca Transilvania

14/02/2018 07:02

Feb 14 (Reuters) - Romanian lender Banca Transilvania 
 ROTLV.BX      
    * Says will start mandatory public tender offer for shares 
of 
minority stakeholders of Moldova's Victoriabank. 
    * Says tender applies to remaining 8.3 million shares, or  
33.2 
percent of total ordinary nominative shares with voting rights. 
    * Says offered price is 78.21 MDL per share and the 
mandatory 
public tender offer is valid for 70 days, during Feb. 14 and 
April 24. 
    * Banca Transilvania acquired initial indirect stake of 39 
percent 
last year in Victoriabank, the third largest bank in the 
Republic of Moldova. 
 
 
 (Reporting by Luiza Ilie) 
 ((luiza.ilie@thomsonreuters.com; +4021 305 5262; Reuters 
Messaging: luiza.ilie.thomsonreuters.com@reuters.net))