ACQUISITION
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Rothschild Works With US Varde On Bancpost Acquisition
US investment firm Varde is working with Rothschild in an attempt to buy Bancpost, the most valuable banking asset up for sale in Romania at the moment.
Antitrust Body Looks Into Politub Acquisition by Teraplast
Romania's Competition Council on Monday said it was looking into Teraplast's acquisition of 49.99% of Politub from France's New Socotub.
Teraplast Group Buys 99.99% in Politub
Teraplast Group and its subsidiary Terasteel bought an additional 50% stake in Politub from France's New Socotub, the company said Friday.
Kingfisher Buys Praktiker Romania DIY Chain
Britain's Kingfisher plc, which owns Brico Depôt Romania, announced it has reached an agreement to take over 100% of do-it-yourself chain Praktiker Romania SRL.
Network One Distribution Buys Additional 8% Stake In Atelierele Pegas
Network One Distribution, the biggest player on the Romanian IT&C distribution market, controlled by entrepreneur Iulian Stanciu, increased its participation in Atelierele Pegas, the company...
Record Deal On Mobile App Market As Daimler Buys Clever Taxi
Mihai Rotaru and Alexandru Dumitru, who created the Clever Taxi mobile app in 2011 enabling people in 20 cities in Romania to order more than 40 million taxi rides since 2012, have become eu...
Retail Pharmacy Market Leader In Czech Republic And Slovakia Enters Romania Via Acquisition
Dr. Max, the leader of the retail pharmacy market in Czech Republic and Slovakia, is entering Romania by buying the Farmaciile Arta 31-pharmacy chain and a pharmaceutical wholesaler, a EUR5...
eMAG Buys Romanian Delivery Service Firm Sameday Courier
Online retailer eMag has become the new majority shareholder of Romanian delivery service firm Sameday Courier (SDAY.RO) after acquiring a 80% stake in the latter, according to an announceme...
MedLife Completes Full Acquisition Of Anima Clinic Chain
MedLife (M.RO), leader of the private healthcare market in Romania, has completed the full acquisition process of medical clinic chain Anima, which comprises six policlinics and a laboratory...