ZF English

Bedminster Capital has 60m euros for acquisitions

08.08.2006, 19:06 18

Southeast Europe Equity Fund II (SEEF II) investment fund, managed by Bedminster Capital Management US firm, has approached the Romanian market, looking for acquisitions worth 60 million euros, according to the representatives of the fund. "We are only targeting deals worth above 5 million euros and we can allocate as much as 40 million dollars (31 million euros) for a transaction. The main sectors we are interested in when speaking about acquisitions are banking services, telecommunications, the media, the pharmaceutical industry or the distribution market," Catalin Iliescu, a deputy chairman with Bedminster Capital Management, told ZF. SEEF II was founded in March 2006, in the wake of co-financing worth around $200 million (167 million euros) by some institutional investors of Europe and the US, as well as by Overseas Private Investment Corporation (OPIC), an investment agency of the US government, and the European Bank for Reconstruction and Development.

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

AFACERI DE LA ZERO