Infinity Capital Investments (formerly SIF Oltenia), listed on the Bucharest Stock Exchange under the ticker INFINITY, has announced that it will organize a competitive open auction on January 31, 2024, for the sale of its 99.99% stake in Complex Hotelier Dâmbovița. This involves 1.75 million shares at a minimum starting price of 20 million RON.
Infinity Capital Investments has a market capitalization of 940 million RON, with its shares trading up 8.9% over the last 12 months on the back of transactions worth 44.9 million RON.
The shares will be sold only as a single block, not fractionally. Both Romanian and foreign individuals and/or legal entities are eligible to participate in the auction.
Hotel Dâmbovița is located 1 hour and 15 minutes from Otopeni International Airport, 60km from Sinaia, and two hours from Curtea de Argeș.
The hotel features single, double, and matrimonial rooms. The Hotel Dâmbovița restaurant has a capacity of 200 seats.
Frequently Asked Questions
When is the auction for Hotel Dâmbovița scheduled?
The competitive open auction is set to take place on January 31, 2024.
What is the starting price for the hotel stake?
The 99.99% stake (1.75 million shares) is being offered at a minimum starting price of 20 million RON.
Who is eligible to participate in the bidding process?
The auction is open to both Romanian and foreign individuals, as well as legal entities, provided they purchase the shares as a complete block.