SALE
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Abris Capital Tries To Sell Urgent Cargus Again
Private equity fund manager Abris Capital is putting courier service company Urgent Cargus up for sale again after negotiations with Mid Europa Partners fell through, market sources say.
National Bank of Greece To Sell Operations in Romania, Serbia, Cyprus
Greece's second-largest lender, National Bank of Greece (NBG), will be selling its assets in Romania (Banca Romaneasca), Serbia and Cyprus, to complete a restructuring plan agreed with Europ...
Daewoo Shipbuilding To Sell Its 51% Stake in Mangalia Shipyard
Korean Daewoo Shipbuilding & Marine Engineering will sell off its subsidiary Mangalia Shipyard in Romania to a Dutch shipbuilder, The Korea Economic Daily reported.
Animax Owner Looking Into Sale Of Business
Entrepreneur Cristian Ludovic Pop who saw the pet trend coming and opened the Animax business catering to pet owners is considering selling it, market sources say.
Mutu Family Seeks To Sell Annabella Retail Chain
Local entrepreneurs Dan and Dorina Mutu, are considering the sale of Annabella retail chain. With its about 220 million lei (EUR48.3 million) sales last year and a network of about 60 stores...
CEC Bank Sold EUR120M NPLs To Kruk At 83% Discount
CEC Bank, the sixth largest bank in Romania by assets, sold a set of non-performing consumer and credit card loans worth 541.4 million lei (EUR120 million) in gross amount, for RON94 million...
Antitrust Watchdog Clears Deal Whereby Iulian Dascalu Sold 50% Of Iulius Business To Atterbury Europe
Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe...
Czech Lender and Investment Manager In Race To Buy Marfin Bank Romania
Czech Republic-based Expobank, held by a Russian investor, Igor Kim, as well as an investment management company in London, Argo Capital Management, together with Duet Private Equity, are in...
Betty Ice Owner Considers Sale Of Part Of His Company
Vasile Armenean, the entrepreneur who owns ice cream producer Betty Ice, is considering selling part of the company he established more than two decades ago and took to EUR28 million sales.