merger
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Groupama prepares for the biggest merger in insurance
After having paid almost half a billion euros for Asiban, BT Asigurari and OTP Garancia, French firm Groupama is preparing for another spectacular move: the merger of the three insurers.
Spanish law firm Garrigues enters local market via merger
Spanish law firm Garrigues has officially entered the Romanian market via a merger with Mares & Asociatii, a medium-sized firm. "We will operate under the name Garrigues Romania, and will fo...
Merger will establish Ropharma as major drugstore brand
With a network that numbers 94 drugstores, Mihai Miron, founder of Europharm, is set to become a top ten player in pharmaceutical retail, alongside competitors such as Sensiblu, HelpNet, Cen...
Law firms prepare merger
Law firms Voicu & Filipescu, and Stefanica Dutu & Asociatii (Stefanica Dutu & Partners) are currently involved in talks to merge, which would create a new entity listed among the top law fir...
Romaqua expects 130m-euro business after merger
Romaqua, the producer of mineral water Borsec, is expected to reach a 130 million-euro turnover this year, after it recently started to merge its entities. "In conducting this merger, we are...
Intesa Sanpaolo and CR Firenze still pondering merger of local branches
Italian-based Intesa Sanpaolo, one of the largest financial groups in Italy, has yet to make a decision concerning its two subsidiaries on the Romanian market. The group recently took over t...
Montero has two expansion options: acquisition or merger
Drug distributor Montero, one of the top ten players on the drug distribution market, is considering taking out a 20 million-euro loan in order to finance the acquisition of a rival company....
ADM Farm co-owner considers both stake sale and merger
Businessman Dragos Pop, who owns 50% in pharmaceuticals distributor ADM Farm, which posted a 60 million-euro business last year, has stated that he is considering both the possibility of sel...
Merger between two companies with total assets worth 50m euros
Millennium Estate and European Property Millennium Company, which are operating on the real estate market, merged at the beginning of this month, with the former absorbing the latter, accord...