Alternative investment firm Infinity Capital Investments (INFINITY.RO) sold 91.42% in vegetable oil producer Argus Constanta (UARG.RO) to Bulgaria’s Buildcom, a deal announced on Wednesday and processed on the XDS1 market of the Bucharest Stock Exchange on Thursday, at a price of RON1.82 per share, 7% higher than the previous quote.
Alternative investment fund Infinity Capital Investments has sealed an agreement for the sale of 91.42% of stock held in vegetable oil producer Argus Constanta to Bulgarian company Buildcom EOOD.
Vegetable oil producer Argus Constanta (UARG.RO) ended 2020 with a net profit of RON1.96 million, down 59.3% on the year, and a turnover of RON168 million, down 17.2% on the year, per calculations by Ziarul Financiar based on data from the company’s annual report.