Enel announced plans last year to sell its Romanian power

Canada Goose Jackets Romania’s Fondul plans to cut unlisted canada goose clearance portfolio assets Canada Goose Jackets

canada goose BUCHAREST, Jan 21 (Reuters) Romanian fund Fondul Proprietatea plans to cut the number of unlisted companies in its portfolio this year to narrow the discount between the fund net asset Canada Goose Parka value and stock price, its manager said on Wednesday. canada goose

canada goose clearance sale The fund, managed uk canada goose by Franklin Templeton, will sell its holdings in unlisted companies or encourage them to list on the bourse, fund manager Grzegorz Konieczny said in an interview. canada goose clearance sale

cheap Canada Goose The buy canada goose jacket 2.95 billion euro canada goose coats ($3.4 billion) restitution fund, Canada Goose Outlet set canadian goose jacket up to compensate canada goose uk outlet Romanians whose assets were seized under communism, holds minority stakes in a slew of mostly state owned companies. cheap Canada Goose

Canada Goose online But nearly half uk canada goose outlet of its holdings are in unlisted firms, making it difficult canada goose clearance sale to https://www.canadagooseonlineshop.co.uk assess their worth and contributing to the canada goose coats on sale fund stock price discount, which is Canada Goose sale 30 percent canada goose uk shop below its net asset value. Canada Goose online

buy canada goose jacket cheap The fund will canada goose factory sale sell its 12 24 percent holdings in five power distribution companies if Italy Enel sells its controlling stakes this year, Konieczny said. buy canada goose jacket cheap

Canada Goose Outlet He declined to name prospective Enel asset buyers, but cheap canada goose uk said the company canada goose store should request binding bids from buyers within the next two months. Canada Goose Outlet

canada goose deals it happens then it creates exit opportunities for us, he said. Enel announced plans last year to sell its Romanian power distribution assets. canada goose deals

Canada Goose sale Konieczny said canada goose uk black friday planned initial public Canada Goose Coats On Sale offerings in state power producers Hidroelectrica and Oltenia, in which Fondul holds minority stakes, were unlikely to happen this year after successive delays. Canada Goose sale

canada goose coats on sale Franklin Templeton has encouraged successive governments in the European Union second poorest country to list state firms in which it holds stakes, including Bucharest Airports, salt monopoly Salrom, and canada goose black friday sale canada goose outlet uk Constanta Port in the south east. canada goose coats on sale

canada goose coats think these three companies are Canada Goose Jackets ready and very good candidates for the Canada Goose online market because they would also offer diversification for Canada Goose Online investors, Konieczny said. canada goose coats

buy canada goose jacket Fondul has already cut buy canada goose jacket cheap the number of unlisted companies in its portfolio to 38. It has also been buying back its shares, reducing the discount from 55.7 percent in 2011. buy canada goose jacket

canada goose black friday sale It financed the buy backs partly by selling small stakes in listed utilities like oil and gas group Petrom, gas and power grid operators Transgaz and Transelectrica and gas producer Romgaz. canada goose black friday sale

canada goose store Konieczny, who expects Romania economy to grow at least 3 percent this year, said emerging Europe was looking very attractive to investors. canada goose store

Canada Goose Parka think stability, valuations, dividend yield and low interest rates: that is what canada goose attractive, and Romania more so. If you exclude the banks, the average dividend yield for cheap Canada Goose listed companies is more than 6 percent. ($1 = 0.8617 euros) (Reporting by Luiza Ilie; Editing by Sam Wilkin) Canada Goose Parka.

Добавить комментарий

Ваш e-mail не будет опубликован. Обязательные поля помечены *