Only one transaction concluded this year exceeded 100 million
euros, whereas last year there were seven deals above this level,
reveals a ZF analysis based on market data. In all, the mergers and
acquisitions market amounted to 1.1 billion euros in the first
eight months of this year, down 75% against the similar time of
2008, according to data from Raiffeisen Investment bank. “The
picture is bleak: only 12% of deals worth 10 million euros on
average have been concluded by financial investors, mainly
involving small real estate projects, while strategic investors
made acquisitions worth somewhere in between 5 and 15 million euros
on average, depending on whether one considers or not the estimated
values of transactions not reported yet,” said Ioana Filipescu,
managing director of Raiffeisen Investment Romania.

Subiecte #deal#Ioana Filipescu#Raiffeisen Investment Romania