Bucharest City Hall has borrowed 2.2 billion RON through a bond issue listed on the Bucharest Stock Exchange in the largest bond issue ever in Romania started by a municipality....more »

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 »

Maravela & Asociații announces the consolidation of its litigation, arbitration and ADR team further to the promotion of Ioan Roman and Mirela Metea within the firm`s management structure. Ioan Roman is now managing associate while Mirela Metea was promoted to the position of Senior Associate within the Litigation, Arbitration and ADR department of the firm. ...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 »