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Belgian bpost, the sole bidder for Posta Romana

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TrueBlueTerrier
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Belgian bpost, the sole bidder for Posta Romana

Post by TrueBlueTerrier »

http://www.thediplomat.ro/articol.php?id=5511" onclick="window.open(this.href);return false;

Belgian operator of mailing services bpost was the sole company to have submitted offer to acquire the 51 per cent share stock of Romanian National Post office, Posta Romana.


After the failure of Posta Romana privatisation, of May 2013, the government approved on 11 September 2013 a decision which involves the conversion in shares of the debt of over 242.5 million lei (approximately EUR 56 million) which Posta Romana has to the state budget. The measure aims at the increase of the degree of attractivity of the company for the possible investors.

The privatisation of the Posta will be made through social capital increase by inflow of private capital, by getting a new investor for a package of shares representing 51percent of the social capital of the company, including the one resulting from the conversion of the debts into shares, as long as this is possible, and if the case arises, in an operation of capital increase through emissions of new shares.
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