exits
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Tables turn: After hunting for managers in past, companies now negotiate exits
The number of managers seeking legal advice sensing that their employers are preparing to get rid of them quickly has increased significantly.
This year's exits make 20 new millionaires in euros
The cumulated value of exit deals conducted by local entrepreneurs reached 360 million euros in the first three months of this year, according to the data centralised by ZF. Those that creat...
Winmarkt deal takes Siminel's exits to 0.5 billion euros
Businessman Siminel Andrei, chairman of NCH Advisors, a company that manages the local operations of investment fund Broadhurst has decided to sell the Winmarkt network in Romania to Italian...
Petrom exits Butan Gas business
Petrom, the largest Romanian company, has relinquished the remaining 6% stake it held in Butan Gas Romania, the group's domestic branch with international activities on the LPG (liquefied pe...
Daniel Guzu exits Vinexpert business
The Cluj-based shareholders of Match Point, the largest producer of matches on the Romanian market, have acquired 50% of shares of the wine retailer Vinexpert, the leading player on the mark...
Shell exits Romania
Shell sold its liquefied petroleum gas (LPG) business in Romania and in another five European states to France-based Rubis on Wednesday, a move through which the Dutch-British group has exit...
Camelia Sucu exits Mobexpert business, keeps Class
Businessman Dan Sucu has taken over, through one of his companies, the entire 40% stake that Camelia Sucu had in 15 of the Mobexpert Group companies, for approximately 40 million euros. The...
SIF Muntenia exits Biofarm with 46% profit
SIF Muntenia has sold its 2% stake in drug producer Biofarm Bucharest, following transactions on the market whereby it collected 4.5 million RON (over 1.2 million euros). The company bought...
ISAF exits Asiban for 12m euros
Intreprinderea de Semnalizari si Automatizari Feroviare (Railway Signalling and Automation Company - ISAF) sold its 20% in Asiban to the other four shareholders of this insurance company, BC...