|
Transactions take the front page of world’s business publications. Wall-Street outlays, in third successive year, the biggest 20 corporate deals in first ten months
Value of mergers and acquisitions in Romania closed in first nine months of this year amounted to 1.246 billion US dollars, after 126 million euros in third quarter, lower than Q3 in 2007, according to Wall-Street calculations.
If in first half 2008, 24 corporate deals were closed that amounted 1.3 billion euros, the past three months have geared only 126 million euros in 7 large transactions, in the context of international crisis.
Biggest transactions announced for July – September 2008 were the Piraeus Bank’s take over of 51% stake in Capital Partners, for 32 million euros, the 53 million euros – transaction between Macon Deva, held by Polish-based investment fund Enterprise Investors, and Simcor Oradea, headed by Stache Lutz and Mihai Voiculescu, and 20 million euros deal in which Russian Luxoft acquired local ITC Networks.
|