takeover
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RCS&RDS-UPC Deal Said To Have Fallen Through
RCS&RDS, one of the largest providers of communications and television services in the region, controlled by Oradea (Western Romania) businessman Zoltan Teszari, has halted negotiations to b...
Delhaize Negotiates G’market Takeover From Anchor Group - Sources
Belgian group Delhaize, which operates the Mega Image retail chain in Romania, is in advanced negotiations to take over the four G’market stores held locally by Turkish Anchor Group, people...
Aviva Pensii To Take Over Pensia Mea From Aviva Asigurari de Viata
Romanian pension fund administrator Aviva Pensii will take over voluntary pension fund Pensia Mea from Aviva Asigurari de Viata, after the Private Pension System Supervision Commission (CSSP...
Gazprom Set Sights On Rompetrol Gas Stations; Kazakh Owners Say They Get Such Offers All The Time
Gazprom, through its Serbian subsidiary NIS, submitted a takeover bid to Rompetrol for all its Romanian filling stations two months ago. The Kazakh owners of Rompetrol rejected it, but the p...
What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy
It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself...
Dan Roman To Oversee Kapsch’s Expansion In Romania
Dan Roman, 61, one of the best-known managers in the local IT industry, who last month stepped down from the management team of Austrian IT services provider S&T, has been recruited by anoth...
Casa De Insolventa Transilvania Expands By Takeovers
Liquidator Casa de Insolventa Transilvania, or CITR, recently took over Solve Insolve IPURL in a consolidation and expansion plan that includes another three takeovers by the end of the year...
Florin Pogonaru Controls 40% In Prodplast Through Firm Cluster
Cyprus-registered Avaliser Trading, previously owned by businessman Florin Pogonaru, was reported Thursday as acting in concert with another four companies owned by Pogonaru, and together th...
Businessman Elan Schwartzenberg Confirms Realitatea TV Takeover
Businessman Elan Schwartzenberg on Saturday confirmed he has taken over a 92% stake in TV station Realitatea TV owned by Sorin Ovidiu Vintu, who is currently under arrest on charges of black...