Cris-Tim Family Holding, one of the largest players in Romania’s food industry, is preparing to enter the Main Market of the Bucharest Stock Exchange. The initial public offering will target retail investors in Romania as well as institutional investors outside the United States, under Regulation S of the Securities Act.
The offering will include both existing shares owned by the majority shareholder, Rangeglow Limited, and new shares issued through a capital increase. Further details will be published in the Prospectus once approved by the Financial Supervisory Authority.
“Cris-Tim is part of the daily lives of millions of people, both in Romania and abroad. Throughout our 33 years of presence in the local economy, the company has consistently invested, innovated, and launched tasty, healthy products recognized by Romanians. More than that, the entire ecosystem created by Cris-Tim—from our team to production, sales, and distribution—is efficient, sustainable, and profitable.
Read full article here: turnovernews.com
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