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CEZ Gets Offers Valuing Romanian Operations At EUR1.1B-EUR1.3B
Czech-held CEZ group has received preliminary financial offers valuing its operations in Romania at EUR1.1 billion to EUR1.3 billion, which could serve as the basis for its decision to sell...
Romania Tax Agency Sells 15,210 Sqm Land In Lake Baneasa Area For EUR3.4M
Romania’s tax agency ANAF sold at auction a plot of land of 15,210 square meters, located in the area of Lake Baneasa, for EUR3.4 million, which translates into EUR1,087 per sqm.
Policolor-Orgachim Sold EUR50M Worth Of Paint In Jan-Sep 2019
Construction paint maker Policolor-Orgachim, held by two private equity firms, posted EUR48.7 million sales in the first nine months of 2019, 8,7% lower than in the year-earlier period.
Radu Enache, Continental Hotels: GED Seeks To Sell Its Stake
Spanish-held private equity firm GED is looking for a buyer for the almost 30% in Continental hotel group, businessman Radu Enache, the majority owner of the business, says.
Forty Management Sells All Apartments Within Bucharest’s Central District 4 Elemente Project
Forty Management said it had entirely sold the apartments included in the Central District 4 Elemente residential project developed in Bucharest’s Titan area.
Italy’s Intesa And Hungary’s OTP Left In Race For Garanti Bank Romania
Spain’s BBVA put for up sale Garanti Bank Romania, a top ten bank in the local system, in the second half of last year, and banking sources say the contenders left in the race are Italy’s In...
Five Suitors Still in the Cards to Buy CEZ’s Romanian Operations
Only five suitors are left in the race to buy the CEZ operations in Romania – Australia’s Macquarie group, DWS – Deutsche Bank’s investment fund (the two also seek to buy a stake in Enel Rom...
Spain’s BBVA Seeks to Sell Garanti Bank Romania
Spain’s banking group BBVA has put up Garanti Bank Romania up for sale, a bank it owns by being the majority shareholder of Garanti Bank Turkey and has kept the process supervised by the BBV...
Mid Europa Partners Drops Plans to Sell Regina Maria
Buyout investor Mid Europa Partners, of the most active financial investors in Romania over the last few years, has decided to put on hold the sale of private healthcare network Regina Maria...