SIF Banat-Crisana (BVB:SIF1) made an offer to acquire remaining 50.37% stake in S.C. Transilvania Constructii S.A. (BVB:COTR) from Timofte family and others for RON 23.8 million in cash on October 14, 2013. SIF Banat-Crisana will pay RON 50 per share of S.C. Transilvania Constructii. The offer will run from October 23, 2013 to November 12, 2013. Swiss Capital acted as intermediary of the offer.

SIF Banat-Crisana (BVB:SIF1) completed the acquisition of an additional 1.19% stake in S.C. Transilvania Constructii for RON 0.57 million on November 13, 2013. SIF Banat-Crisana now holds 0.48 million shares.