U.S.-based investments fund QVT purchased a new share package in Flamingo International, the value of the transaction amounting to 300,000 euros.

The operation was made in Monday's trading session at the Bucharest Stock Exchange (BVB) and involved the purchase of three million shares at 10 eurocents per share. The American fund has bought 5.85 million shares of Flamingo International since July 20, increasing its share in the IT&C retailer to 13.85 percent from 13.1 percent. QVT Fund also holds shares in the insurance company Asirom and in pharmaceutical company Zentiva.

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