November 3, 2010, 8:50 amGedeon Richter, Hungary’s leading drugs producer, has announced on Wednesday that it acquired the oral contraceptive (OC) portfolio of Germany’s Grünenthal GmbH for EUR 236.5 million in cash....
October 7, 2010, 8:39 am(Adds Portfolio.hu viewpoint, charts) Richter Gedeon, Hungary’s leading drugs producer, has announced on Thursday the acquisition of PregLem for an initial cash consideration of 150 million Swiss...
October 5, 2010, 2:31 pmSchenker International Forwarding and Logistics Co.Ltd., member of Germany’s Deutsche Bahn Group, is to merge its five Hungarian interests into a single unit, Schenker Kft., aiming to reach a market...
September 21, 2010, 1:01 pmAustrian fuels group OMV has announced on Tuesday the signing of a contract to acquire Petronas’ oil and gas exploration and production interests in Pakistan by a corporate acquisition. OMV expects...
September 15, 2010, 3:13 pmAny business owner who has children will usually consider transferring the business to one or more children as an eventual exit option, says Les Nemethy, CEO of Euro-Phoenix Financial Advisors Ltd.,...
August 31, 2010, 12:46 pmSwitzerland’s Givaudan, the global leader in the fragrance and flavour industry, has announced plans to build a CHF 170 million (EUR 131.2 m, HUF 37.67 bn) production facility in Hungary. The company...
August 10, 2010, 11:56 amMany investors often think that acquisition is the best or fastest way to achieve a strategic objective such as entering a particular market or acquiring a certain technology. An alliance, however, may...
August 4, 2010, 4:06 pmThe European Commission has approved the proposed acquisition of the German generic pharmaceutical company Ratiopharm by Israeli Teva. The decision is conditional upon the divestment of fifteen products...
August 4, 2010, 2:28 pmHungary’s financial markets watchdog (PSZÁF) has green-lighted US-based MetLife Inc. obtaining a 100% direct control over AHICO First American-Hungarian Insurance Company, which is fully-owned by...
July 30, 2010, 3:19 pmÁllami Nyomda, Hungary’s listed printing house, has announced on Friday the purchase of a 50% stake in Romania’s GPV Mail Services S.R.L. for a total consideration of EUR 1.5-2.2 million, depending...
July 21, 2010, 8:06 am Hungary’s Magyar Telekom has announced that it has acquired Daten Kontor Group, an IT applications company for HUF 1.4 billion. Magyar Telekom signed an agreement to buy 100% of Daten Kontor...
July 16, 2010, 8:51 amInformation about Hungary being in talks to buy MKB Bank is pure speculation, the Economy Ministry said in a statement on Friday. BayernLB also denied on Thursday that it was negotiating about the German...
July 13, 2010, 4:18 pmCEE-focused private equity firm Enterprise Investors has recently debuted on the Hungarian market by acquiring a majority stake in Netrisk.hu, an online non-life insurance broker, for EUR 23 million (HUF...
July 1, 2010, 3:11 pmCEE-focused private equity firm Enterprise Investors has debuted on the Hungarian market by acquiring a majority stake in Netrisk.hu, an online non-life insurance broker, for EUR 23 million (HUF 6.4 billion)....
June 28, 2010, 2:03 pmVienna-listed CA Immobilien Anlagen, owned by UniCredit, has acquired all the shares in Central and Eastern European real estate firm Europolis from Austian bank Österreichische Volksbankenb (VBAG) for...
June 21, 2010, 2:19 pmSony Music Entertainment Hungary has announced on Monday that it has acquired a majority stake in ShowTime Group, a leading company in Hungary that specializes in the organization and promotion of live...
May 3, 2010, 3:38 pm(Updates with official statement by Invitel Holdings) Turk Telekom will start exclusive talks to acquire central European data capacity and services firm Invitel International, as it looks develop to develop...
April 30, 2010, 3:47 pmHungary’s OTP Bank is currently looking around in several countries for acquisition targets and a smaller local bank is also in its crosshair, Chairman-CEO Sándor Csányi told a press conference on...
April 30, 2010, 10:10 amGerman utility giant E.ON is to sell its power and gas business in the US to PPL Corporation, Allentown, Pennsylvania (PPL), it has announced on Friday. The two companies signed contracts and agreed the...
April 29, 2010, 9:50 amHungary’s OTP Bank has announced on Thursday that on 28 April it has signed a contract of sale according to which OTP Bank purchased the 89.9% business share of Monopost Ltd. and became the sole...
