S.C. Electroarges S.A. (BVB:ELGS) acquired 60.5% stake in S.C. Braiconf S.A. from New Carpathian Fund managed by IFM Independent Fund Management AG and others on July 9, 2018. New Carpathian Fund sold 33% stake in this transaction. S.C. Electroarges S.A. (BVB:ELGS) completed the acquisition of 60.5% stake in S.C. Braiconf S.A. from New Carpathian Fund managed by IFM Independent Fund Management AG and others on July 9, 2018.