Law firm PeliFilip assisted Tiriac Holdings Ltd. on the sale of the 45% stake in UniCredit Tiriac Bank to the bank's majority shareholder, the Italian group UniCredit. This represents the largest transaction of the year in the banking sector. ...more »

The Technology, Media & Telecommunications team of Wolf Theiss Rechtsanwälte has assisted George Butunoiu, the owner of Restograf.ro in the sale of all rights of the website to Skin Media, Nikon's distributor in Romania....more »

Romanian law firm Nestor Nestor Diculescu Kingston Petersen assisted Lafarge in connection with the sale of its domestic assets as part of the 6.5 billion euro global transaction with Cement Roadstone Holdings (CRH) in the context of Lafarge and Holcim merger announced in April 2014....more »

The global M&A market sees its best year since the financial crisis, deal values in 2014 being in line to top levels not seen since 2007, according to a preview of international law firm Clifford Chance’s latest Global M&A Trends report....more »

Banca Transilvania has reached an agreement to acquire the entire shareholding of Volksbank Romania (VBRO) from Austria’s Volksbank AG, Groupe BPCE (Banque Populaire Caisse d’Epargne), DZ Bank AG and WGZ Bank AG, states a press release of the Romanian bank....more »

The acquisition campaign run by the investment fund established and controlled by Greek businessman Ioannis Papalekas continues with a new property added to the domestic portfolio: Nusco Tower, office building developed by Italian group Nusco for which Globalworth will pay 46 million euro, reads a company release....more »

The investment fund established and controlled by Greek businessman Ioannis Papelkas has announced the acquisition of the first office building in Green Court office park, project developed by Skanska Romania, the transaction being valued at 44 million euro. Closing of the acquisition is scheduled for the second quarter of 2015, states a Globalworth release....more »

Wolf Theiss has assisted Volksbank Real Estate Services in the 17 million euro sale of its Romanian subsidiary, Immorom Sigma to PVN Romania and Inprox, both subsidiaries of bauMax, announces a press release of the law firm....more »

Announced in July, 2014, the sale of Austria’s bauMax domestic chain to Adeo Group has been carried out on November 18.  Hence, the French group which operates on the Romanian market the Leroy Merlin Do-It-Yourself brand has taken over the 15 bauMax units subject of this transaction, located in Bucharest (2), Bacau, Brasov, Constanta, Craiova, Cluj Napoca (2), Iasi, Pitesti, Ploiesti, Sibiu, Suceava, Targu-Mures and Timisoara....more »

Biris Goran acted on behalf of Raiffeisen Evolution in the sale of Promenada Mall to to South-African fund New Europe Property Investments (NEPI), transaction amounting to 148 million euro. This is the largest transaction on the domestic real estate market in 2014 and the largest ever recorded in Bucharest involving a single property....more »