On the 29th of April 2016, Bucharest Stock Exchange (BVB) made the first step on the way to become the only market operator for trading all the classes of financial instruments in Romania. Invitations have been sent to several independent professional consultancy bodies, requesting the expressions of their interest and offers for the due diligence study of SIBEX, a market operator based in Sibiu, and, potentially, for the evaluation that may constitute an indispensable element of a merger-by-absorption transaction, which may be envisaged in the future.
“This is a meaningful step, logically aligned with all efforts and projects that have been implemented by the Bucharest Stock Exchange, aiming at the removal of barriers impeding the development of the capital market in our country” said Lucian Anghel, President of the BVB Board of Governors.
BVB will further communicate on the developments within the process initiated. Bucharest Stock Exchange runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010.