Friday, September 28, 2007

Equest Investments agrees to buy Romania's Domo; proforma NAV up 17.1 pct

LONDON (Thomson Financial) - Equest Investments Balkans Ltd said it has agreed to buy Romania's retailer of electronic goods Domo in the second half and posted a 17.1 pct increase in first-half proforma net asset value per share.

Balkan region focused property investment company reported a proforma net asset value per share of 21.17 eur for the period to end June compared with 18.08 eur previously.Its net asset value per share, after writing off placing expenses, came in at 20.99 eur from 16.32 eur per share.

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