stake
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Societe Generale negotiates buying a stake in Adeplast
Investment fund Societe Generale Asset Management (SGAM), a division of the French banking group Groupe Societe Generale (SocGen) is negotiating the takeover of a minority stake of around 20...
A further 23% stake in Astra sold to Austrian-based Uniqa
Austrian group Uniqa has become the majority shareholder of Astra-Uniqa, after signing a contract for the purchase of a 23% stake in the company with businessman Dan Adamescu. In the summer...
Tina R sells stake to maintain company's development
The sale of a 49% stake in the shares of clothing retailer Tina R to a foreign investment fund indicates its transit from a family company to a structured, international business, believes R...
Turbomecanica sells stake in joint venture
Turbomecanica Bucharest, a producer of components for aircraft engines, whose clients include Airbus, has sold to the American group General Electric (GE) the 50% stake it held in Turbomecan...
Petrom employees could make over 500m euros from their 8% stake
Around 60,000 people, who have been Petrom employees since August 2003 until now, could share an over 500 million-euro profit from an 8% stake in Petrom they will receive from the state. The...
ATE Bank increases stake in Mindbank
ATE Bank - Greece's Agricultural Bank, has increased its interest in Mindbank to 73.3% by acquiring stakes from various shareholders. The ATE Bank management also agreed to contribute a 68.1...
Tender sells ARDAF stake to PPF Investments for 35 million euros
Czech investment fund PPF Investments has bought 56% in insurance company ARDAF following a 35 million euro deal with Tender SA, held by businessman Ovidiu Tender. PPF Investments conducted...
MG Medical negotiates sale of its majority stake with investment fund
Vlad Naicu, one of the shareholders of MG Medical, a company that operates on the market of dental services, is negotiating with an investment fund the sale of his majority stake in the comp...
State sells 72.4% stake in Daewoo Craiova
The Romanian state will sell the entire stake it holds in carmaker Daewoo Craiova, namely 72.4% of the companyes shares. The preliminary privatisation announcement will be made by, at the ve...