BECAUSE AN AGREEMENT ON THE PRICE COULDN'T BE REACHED, The Alro Public Offer has failed
Andrei Iacomi (translated by Cosmin Ghidovean)English Section / 23 iulie 2018
The public offer started by Vimetco and Conef for a stake of at most 53.77% of the shares of Alro Slatina (Alro) has been unsuccessful, as the issuer announced that due to the unfavorable market conditions, the shareholders, company and underwriters couldn't agree on a price for the volume of 383.79 million shares put up for sale.