acquisition

Ingka Investments has signed an agreement for the acquisition of an 80% shareholding in 7 companies owning wind power plants generically known as Pegasus, Apollo and Pantelimon projects, having an aggregate installed capacity of 171MW.…

One month after the completion of the acquisition of UPC, Vodafone Romania has launched new benefits tailored for all Vodafone and UPC customers’ needs, both for consumers and businesses, as well as for new customers. The new benefits are…

Sodexo Romania has concluded the full takeover of the 7card shares, within a transaction started in 2016 by the purchase of 20pc of the company. In 2017, Sodexo bought another 40pc of the shares of 7card. Through the concluded…

Austrian group Rondo Ganahl has bought a 60% participation in the Romanian printing company Transilvania Pack & Print S.A. from Offsetdruckerei Schwarzach GmbH, part of VBG group. The transaction closed at the beginning of June 2019.…

OTP Bank has announced that on 25 July 2019 the financial closure of the Moldavian transaction has been completed. As a result, OTP Bank has become 96.69% owner of Mobiasbanca – Groupe Societe Generale S.A. („MBSG”), the Moldavian…

CMS has advised Innova Capital, a CEE private equity firm, on the acquisition of two top players on the optical market in Romania: Optical Network and Optiplaza. Optical Network and its subsidiaries own two retail chains of eyewear with…

AFI Europe N.V. signed a non-binding letter of intent for the acquisition of NEPI Rockcastle’s office portfolio in Romania, with a total built area of approx. 170,000square meters. AFI Europe will have exclusivity to conduct a due diligence…

AFI Europe N.V. announces that it has signed a pre-sale agreement with Plaza Centers N.V. for the acquisition of 75% of the shares in the Casa Radio Project, for the price of EUR 60 million. The pre-sale agreement represents a further…

Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, today completed the acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal. The EUR 740 million deal makes Liberty…

First Bank has announced it had signed an agreement with Bank Leumi le-Israel B.M to purchase the Bank Leumi subsidiary in Romania. The acquisition is pending the National Bank of Romania’s and Competition Council’s consents and is…