Economics
Romania Opens Transelectrica Share Sale at Price Discount
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Romania began selling a minority stake in power utility Transelectrica SA, offering a 13 percent discount to lure investors in eastern European assets after last year’s failed stake sale in OMV Petrom SA.
The Balkan nation, which plans to sell minority stakes in six energy companies this year, opened the subscription period today for 15 percent of the grid operator at a minimum price of