COMPETITION
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Romgaz Gets Green Light From Competition Council To Buy Azomures Assets
The Competition Council has authorized the transaction whereby state-run Romgaz (SNG.RO) intends to buy certain assets from fertilizer maker Azomures.
Competition Council Approves Medicover’s Acquisition Of Synlab International’s Romanian Operations
The Competition Council has authorized the deal whereby Medicover Investment BV intends to buy the Romanian companies of Synlab International GmbH, as it does not hinder competition on the R...
Competition Council: Sale Of Telekom Mobile To Vodafone And Digi Stands High Chances Of Approval
The deal whereby Deutsche Telekom (Germany) and OTE (Greece) Group seek to sell Telekom Romania Mobile operations to Vodafone and Digi stands chances of being approved in the first half of 2...
Banca Transilvania’s Acquisition Of OTP Asset Management Completed
The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition, has been completed after having been recentl...
Competition Council Greenlights Dona’s Acquisition Of VET Division Of Iasi-Based Vetro
The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September.
EC And Competition Council Yet To Be Notified Of Ahold Delhaize EUR1.3B Profi Acquisition
Neither the European Commission, nor the Competition Council have received any notifications from Ahold Delhaize or Profi regarding the takeover of the Profi store chain by the Dutch-Belgian...
Competition Council OK’s Carrefour’s Takeover Of Cora’s Operations In Romania
The Competition Council approved Carrefour’s acquisition of retailer Cora’s operations in Romania. The deal should therefore be completed in the next few weeks, Carrefour officials announced...
Competition Council Greenlights Paval Holding Acquisition of 30% in Farmacia Tei and Bebe Tei
Romania’s competition watchdog has greenlighted the deal whereby Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, owners of DIY retailer Dedeman, bought into F...
Competition Council Greenlights 81 Deals in 2021, a 15-Year High
Romania’s Competition Council greenlighted a total of 81 transactions in 2021, a record number for the last 15 years. By comparison, the second-best year was 2008 (the last economic boom yea...