If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Monday, December 10, 2018 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News


Curret report regarding the state of negotiation acquisition Bancpost

Release Date: 11/10/2017 8:13:13 AM

IRIS Code: 6010D

CURRENT REPORT in accordance with the C.N.V.M. Regulation no. 1/2006

Date: 10.11.2017



Headquarters:                                                                        Cluj-Napoca, no. 8 G. Baritiu Street

Telephone/fax number:                                                     0264/407150/407179

Registry of Commerce registration number:          J12/4155/1993

Individual identification number:                                5022670

Subscribed and paid-up capital:                                     RON 4,341,435,921

Legal Stock Market:                                                               Bucharest Stock Exchange


1.      Important events to report:


a) Change of control of the company – not applicable.

b) Acquisition or substantial transaction of assets – not applicable.

c) Insolvency procedure – not applicable.

d) Other events:   


Banca Transilvania S.A. hereby informs the investors that Eurobank and Banca Transilvania have been pursuing exclusive negotiations as regard to the potential sale of Bancpost SA, ERB Retail Services IFN SA and ERB Leasing IFN S.A in Romania.

During the last few weeks there has been significant progress towards a positive outcome and the negotiations have almost been finalized, as parties are completing final formalities for the signing of an agreement. The senior management teams of both ERB and BT would like to re-affirm their commitment to execute a fair and beneficial transaction for all their stakeholders and reassure that the signing of the transaction is estimated for the end of November 2017 and will be announced publicly as soon as the remaining formalities will be finalized.

Further details will be released to the public and to the investors after finalizing the necessary steps as well as obtaining all relevant approvals.



OMER TETIK                                                          IOANA OLANESCU



Information provided by IRIS, the news platform of the Bucharest Stock Exchange.


Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2016 Bucharest Stock Exchange. All rights reserved