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Owners of Dedeman reduce stake in BVB-listed oil and gas transporter Conpet
The Pavăl brothers, the owners of DIY chain Dedeman, sold part of the shares they had in Conpet Ploiești (BVB: COTE), the operator of the national crude oil pipeline transport system. The sales were carried out at the beginning of this…
Radu Dumitrescu · Journalist
· Updated · 2 min read
The Pavăl brothers, the owners of DIY chain Dedeman, sold part of the shares they had in Conpet Ploiești (BVB: COTE), the operator of the national crude oil pipeline transport system. The sales were carried out at the beginning of this year at prices slightly below the threshold of RON 80/share.
The brothers reduced their stake from 7.41% to 4.98%. The value of the package retained by the founders of Dedeman is RON 33.37 million (EUR 6.54 million).
