French voucher issuer Edenred buys Romanian peer Euroticket for EUR 5.5mn.

By bne IntelliNews January 5, 2011
French meal and gift voucher issuer Edenred (formerly Accor Services) took over Romanian peer Euroticket for EUR 5.5mn, the buyer said in a statement on its website. The price is subject to adjustment according to the 2011 earnings of the target company. Euroticket occupies a 5% market share on the local voucher market. Edenred said it now has a market presence of almost 40%.

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335