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ACQUISITION

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Vista Bank Completes Acquisition of Credit Agricole Romania
Banks-Insurance

Vista Bank Completes Acquisition of Credit Agricole Romania

Vista Bank, a lender held by Greece’s Vardinogiannis group, has completed the acquisition of 100% in Credit Agricole Romania, after securing all the necessary approvals from Romania’s centra...

Loredana Frățilă-Cristescu · 16.09.2021 · 19:41 · 1 min
BNR Approves Acquisition of Idea Bank Romania by Banca Transilvania
Banks-Insurance

BNR Approves Acquisition of Idea Bank Romania by Banca Transilvania

Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank.

Loredana Frățilă-Cristescu · 14.09.2021 · 20:05 · 1 min
Teraplast Group Buys Polyethylene Film Production Operation of Brikston Construction Solutions
Capital Market

Teraplast Group Buys Polyethylene Film Production Operation of Brikston Construction Solutions

TeraPlast Group concluded an agreement with Brikston Construction Solutions to take over the polyethylene film production from the manufacturer in Sighisoara.

Loredana Frățilă-Cristescu · 10.09.2021 · 20:02 · 1 min
OTE Finalizes Acquisition Of 30% Ownership Stake In Telekom Romania Mobile Communications
Companies

OTE Finalizes Acquisition Of 30% Ownership Stake In Telekom Romania Mobile Communications

Greek OTE Group announced that it finalized the acquisition of a 30% ownership stake in Telekom Romania Mobile Communications (TKRM), the former mobile telephony provider Cosmote Romania.

Ecaterina Craciun · 10.09.2021 · 12:16 · 1 min
I3CP Still Wants to Buy City Insurance
Banks-Insurance

I3CP Still Wants to Buy City Insurance

Dutch investor I3CP wants to continue talks to buy insurer City Insurance, says its representative Matt Fairfield, even though Romania’s financial regulator ASF announced it had not provided...

Loredana Frățilă-Cristescu · 09.09.2021 · 16:03 · 1 min
5 to go Acquires Constanta-Based Take Five Coffee
Retail&Consumer

5 to go Acquires Constanta-Based Take Five Coffee

Romanian coffee shop chain 5 to Go is acquiring local coffee shop chain Take Five Coffee based in south-eastern city of Constanta.

Ecaterina Craciun · 09.09.2021 · 14:14 · 1 min
France’s Lectra Acquires Romania’s Gemini CAD Systems For EUR13-20M
Technology &Telecoms

France’s Lectra Acquires Romania’s Gemini CAD Systems For EUR13-20M

French technology company Lectra, with revenue of EUR236 million, said it reached an agreement to acquire Romanian company Gemeni CAD Systems, within a transaction that may reach EUR13-EUR20...

Ecaterina Craciun · 07.09.2021 · 16:34 · 1 min
Enel Green Power Takes Over Two Solar Projects In Romania From Greek Mytilineos Group
Energy

Enel Green Power Takes Over Two Solar Projects In Romania From Greek Mytilineos Group

Enel Green Power, the renewables division of Enel Group, has signed an agreement with the Renewables & Storage Development (RSD) Division of Greece’s Mytilineos for the acquisition of two so...

Ecaterina Craciun · 06.09.2021 · 14:47 · 1 min
South Africa's Real Estate Investment Trust Fortress Acquires Industrial Park ELI Park 1
Real Estate

South Africa's Real Estate Investment Trust Fortress Acquires Industrial Park ELI Park 1

South Africa's real estate investment trust Fortress has acquired logistics park ELI Park 1, developed by Element Industrial and do-it-yourself (DIY) retailer Dedeman.

Ecaterina Craciun · 06.09.2021 · 10:34 · 1 min