The Hungarian M&A market has seen strong deal flow both in terms of numbers and values, according to an analysis DLA Piper.
KBC has expressed interest in acquiring United Bulgarian Bank (UBB), Belgian media reported. KBC has contracted JP Morgan to help it with the procedure, according to the online edition of newspaper L'Echo.
Naspers sold its 100 per cent interest in the Poland-based Allegro Group for EUR3bn to Cinven, Permira and Mid Europa Partners – including online marketplace and price comparison businesses Allegro.pl and Ceneo.pl.
M&A levels in the Czech Republic are very healthy with almost 200 transactions reportedly completed in the first half of this year.
Deal terms suggest that 2016 remains a good time to be a seller on the Hungarian M&A market, according to DLA Piper’s Global M&A Intelligence Report 2016.
The Romanian M&A market was again dominated by inbound transactions in the first half of 2016, with 62 per cent of transactions involving foreign companies buying local ones.
The Polish M&A market will likely continue to grow in the banking sector, with real estate, telecoms, IT and health care sectors not far behind in the second half of 2016, insiders believe.
2015 was the biggest M&A year ever, with the global value of USD4.304 trillion. Some Polish companies are mature enough to take active part in this market, not only in Poland but abroad said Grzegorz Piechowiak and Anna...
Over 600 merger-and-acquisitions transactions were undertaken in Hungary in the period of 2010-2015, with a total value of more than USD9.1bn, EY said in a market analysis.
Today, it is hard to imagine a country where acquisition processes are not being observed. As for the companies operating within M&A Worldwide Network alone, the year 2015 saw 423 transactions, whose value totaled USD3bn.