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EBRD sells remaining 1.6 pct stake in Romania’s Petrom


The European Bank for Reconstruction and Development has sold its remaining 1.6 percent stake in Romanian oil and gas group Petrom, which is majority owned by Austria’s OMV. “The sale represented the remainder of the Bank’s holding, with the EBRD having exited partially from its holding in November 2012,” EBRD said in a statement.

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