ACQUISITION
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SIFs' Buying Stake In Each Other Creates EUR1.2 Billion Asset Entity
The regional investment funds (SIF) did not waste a single moment after the Financial Supervisory Authority (ASF) lifted the ban on buying stake in each other and two months later they have...
Is Vodafone Buying Cable TV Operators In Romania, Too?
UK’s Vodafone, which signed deals to buy cable TV operators in Europe worth EUR15.2 billion in the last six months, might take a similar step in Romania to be able to provide integrated fixe...
Poland’s Largest Retailer Biedronka Contemplates Expansion To Romania
Poland’s largest retail chain Biedronka is considering entering Romania via an acquisition, market sources say.
Raiffeisen: Slim Chances Of Organic Growth, We’re Looking At Acquisition Targets
Raiffeisen Bank Romania gained a lot of experience with the takeover of Citi’s retail portfolio (EUR90 million of loans and EUR175 million in deposits) last year and continues to look at acq...
RCS & RDS Wants to Buy Footwear Maker
RCS&RDS, one of the largest players on the Romanian telecommunications market, intends to buy footwear maker UCR SA (UCRI.RO), based in Bucharest, according to an announcement published Mond...
Getin Holding Completes Acquisition Of Romanian International Bank
Polish financial group Getin Holding has become a full-fledged shareholder of Romanian International Bank (RIB) after it completed the acquisition of the lender, a senior central bank offici...
NEPI Raises EUR50M To Finance Potential Property Acquisitions
South-African investment fund NEPI (NEP.RO), one of the most active real estate investors in Romania, Thursday raised approximately EUR50 million through an accelerated book build process, w...
Radacini Becomes Sole Volkswagen Dealer In Prahova After Taking Over EUR2M Showroom
Car dealer Radacini has taken over a showroom in Ploiesti for over EUR2 million from Cardinal Motors’ creditors and is now the sole authorized dealer for Volkswagen and repair shop for Volks...
Clurfain, MetLife: We Have Fully Integrated Aviva, Are Looking For New Acquisitions
U.S. giant MetLife, which controls the third-largest insurance company in Romania, has completed the integration of British group Aviva's operations in Romania into its business and is now l...