Digi Communications (DIGI), the company managing the Romanian telecom operator RCS&RDS, started trading on the Bucharest Stock Exchange (BVB) in mid-May 2017. It raised RON 956.7 milion (EUR 210 million) in an initial public offering (IPO). The company sold a 25.6% stake.

Wildgen assisted the main seller, Carpathian Cable Investments, a company registered in Luxembourg, which put up for sale 18.9% of the company’s shares.

Cyprus-based Celest Limited, ING Bank N.V., and four other individuals also sold shares in the IPO.

The offer was managed by Citigroup and Deutsche Bank, as Joint Global Co-ordinators and Joint Bookrunners, Societe Generale Corporate& Investment Banking, BRD, Raiffeisen Bank, Wood&Company, as Joint Bookrunners, and BT Capital Partners, as Joint Bookrunner and Lead Manager.