JC Flowers

The Competition Council has authorized the takeover of Leumi Bank Romania by First Bank, by acquiring 99.9235% of the joint capital, a release posted on Monday on the institution’s website reads. The Competition Council's analysis has…

Banca Carpatica registered losses last year of RON 85.4 million, according to the bank’s statement sent to the stock exchange. The loss includes provisions amounting to RON 32.6 million recorded in connection with the non-performing loans…

Greeks of Piraeus Bank rejected the takeover bid of the subsidiary in Bucharest by US fund JC Flowers, profit.ro informs. Now, the American investor is considering whether will complete the acquisition of Banca Comerciala Carpatica.…

After announcing its intention to take over Banca Comerciala Carpatica and Piraeus Bank Romania, transaction nearing completion, the American investment firm JC Flowers would intend to buy Marfin Bank too, media sources say. It is likely…

Banca Carpatica, based in Sibiu, owned by businessman Ilie Carabulea, will be sold to the US investment firm JC Flowers. The Americans will take over the bank through a capital increase of RON 100 million, if negotiations are completed,…