Turism Felix (stock symbol TUFE), a company that manages five hotels in the resort of Baile Felix in Bihor County, announced that the Financial Supervisory Authority has approved the tender offer initiated by the investment fund Transilvania Investments Alliance (TRANSI), majority shareholder with 93% of the share capital. Intermediated by brokers from IFB Finwest, the operation will take place between November 7 and November 27, at a nominal value of RON 0.1 per share and a purchase price of RON 0.3 per unit. 34.2 million shares are subject to the offer, representing 6.963% of the share capital. If Transilvania Investments will hold more than 95% of the total shares following the operation, the company will have the right to delist Turism Felix shares from the Bucharest Stock Exchange.
Transilvania Investments Alliance wants to buy the remaining shares in Turism Felix
