December 11 (SeeNews) - Nearly 3.44 million shares of Romanian blue-chip bank Banca Transilvania changed hands for a combined 7.46 million lei ($2.6 million/1.8 million euro) in three transactions on the Bucharest Stock Exchange, BVB, on Friday, bourse data showed.
The number of shares corresponds to a stake of 0.32% in the bank. The shares changed hands at an average price of 2.17 lei each, figures showed. The parties to the deal were not immediately known.
You can subscribe to our M&A newsletter here
Banca Transilvania shares, part of BVB’s blue-chip BET index, last traded up 2.84% at 2.17 lei by 1411 GMT on Friday.
Nearly 42.52 million shares of Banca Transilvania, corresponding to a 4.01% stake, changed hands for a combined 102 million lei in five transactions on the BVB on Monday. The bourse did not disclose the identity of the buyers, but local media reported that an EU-based bank acquired the stake and plans to raise it to 20%.
(1 euro = 4.2488 Romanian lei)
Banca Transilvania SA is among the biggest banks in SEE, for more reference take a look at Top 100 banks