M&A advisory Ascendant Capital plans to wrap 7 deals in Bosnia, Croatia.

By bne IntelliNews February 5, 2010
Croatian M&A advisory Ascendant Capital Advisors plans to wrap up at least 7 deals in Bosnia and Croatia in the course of 2010, M&A newswire DealWatch informs. The Croatian company has currently 12 active deals involving 9 Bosnian companies and 9 Croatian firms, managing director Jurgis Oniunas stated for the newswire. All of the deals concern sale of majority stakes. Their combined value is estimated at EUR 200mn. The biggest single one is for EUR 50mn, while the smallest is for EUR 10mn. The name of the particular companies were not specified, but it was pointed out that the projects concern real estate companies, a pharmaceuticals company, an IT firm, regional consolidation of security companies, and water and juice manufacturing and bottling, among others. At least 3 of the projects are expected to be finalised already by end-March.

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more

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