takeover
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Network One Distribution Acquires Control Of Local Bicycle Maker Pegas
Network One Distribution (NOD), the largest IT&C equipment distributor in Romania, held by entrepreneur Iulian Stanciu, has become the majority shareholder of local bicycle manufacturer Pega...
Carrefour-Billa Deal On The Finishing Straight
French-held Carrefour is to sign the necessary papers to take over the Billa supermarket chain in Romania in a matter of days, in a deal put at almost EUR100 million, ZF has found.
Origin Enterprises Completes Acquisition Of Romanian Redoxim
Irish group Origin Enterprises has completed the integral acquisition of Romanian fertilizer producer Redoxim, which had been announced in July this year for the amount of EUR35 million.
Tiriac Buys Partners Out Of Buzesti Center Office Space Project
A company part of Tiriac Imobiliare, the real estate division of businessman Ion Tiriac, has acquired full control of the Buzesti Center office space project near Piata Victoriei (downtown B...
US Fund Encouraged To Do Some Cleanup In Romania’s Banking System
US private equity fund J.C. Flowers has finally reached an agreement with the group run by businessman Ilie Carabulea to take over Banca Carpatica (BCC.RO), the first move in a broader plan...
Competition Council Clears Takeover Of Three Restaurants In Brasov By McDonald's
Romania’s Competition Council on Monday said it has cleared the transaction whereby McDonald's takes over three fast-food restaurants in Brasov (central Romania), which have so far been oper...
Billa Romania Takeover By Carrefour Close To Completion
The negotiations between French-held Carrefour and the 85-supermarket network Billa have made significant progress and are close to completion, after moving at a slow pace for several months...
ASF Head Says Astra Has Interested Investors But Price Is A Major Issue
Up to five investors are interested in taking over insurance company Astra Asigurari but the situation is stalling over the issue of price, said financial regulator president Misu Negritoiu,...
Banca Transilvania Announces Completion Of Volksbank Romania Takeover
Romanian lender Banca Transilvania (TLV.RO) completed Tuesday the acquisition of Volksbank Romania, in a deal valued at more than 710 million euros.