ACQUISITION
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Vardinogiannis Group Completes Marfin Bank Acquisition
Greek group Vardinogiannis has completed the acquisition of Marfin Bank after receiving clearance from the Romanian central bank for the transaction.
Competition Council Looks Into Acquisition Of Real Estate Firm S Immo AG By Immofinanz AG
Romania’s Competition Council said in a statement Tuesday it is analysing the transaction whereby Immofinanz AG plans to acquire real estate company S Immo AG.
Deloitte Confirms Animax Acquisition By Rohatyn Group
Rohatyn Group put nearly EUR20 million on the table for pet store chain Animax built during more than 15 years by entrepreneur Cristian Ludovic Pop, according to Ziarul Financiar which had a...
AROBS Buys Two Foreign Companies Valued At EUR1.3M
Software solutions provider AROBS Transilvania, controlled by entrepreneur Voicu Oprean, is acquiring two companies from The Netherlands and Belgium, valued at EUR1.3 million.
Consultants: Banks Are No Longer Buying Each Other
Local banks are not interested in buying other banks, which have market shares of about 1%. The chances of a big bank coming to Romania are slim, but private equity firms can come with a new...
Engie Buys Brasov-Based Smart Lighting Company Flashnet
French-held Engie, the largest natural gas distribution company in Romania, has acquired 60% in Flashnet, a company specializing in smart street lighting solutions owned by three Brasov entr...
Orbis Group Buys Mercure Bucharest Unirii Hotel for EUR11.35M
Polish hotel group Orbis, which owns the largest hotel chains in Poland and Central and Eastern Europe, bought the Mercure Bucharest Unirii hotel for EUR11.35 million, the company said in a...
Dedeman Owners In Talks To Buy Office Space Project The Bridge Valued At Over EUR150M
Brothers Dragos and Adrian Paval, owners of local do-it-yourself (DIY) retail chain Dedeman, with an annual turnover of over EUR1 billion, are in talks to buy office space project The Bridge...
JC Flowers Buys Piraeus Bank Romanian Unit
Private equity fund JC Flowers has received central bank clearance and has acquired the Romanian unit of Greek lender Piraeus Bank, the 13th largest lender in Romania.