Investment banks buy shares in real estate on BVB

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Investment banks buy shares in real estate on BVB

“I sold over 50 mln shares and main buyers were Lehman Brothers and Julius Baer,” said Dan Ioan Popp, main shareholder and President of the Impact Developer&Contractor.

During yesterday’s BVB session, more than 6.6 percent of Impact’s capital was traded, for a total value of transactions exceeding €19 mln. Company share prices increased by 0.95 percent, rising Impact’s market value to €314 mln.  Read the article