Deals

Deals

European stocks rise, led by oil producers

BT Group shares slip as revenue comes in shy of expectations; European stocks rose at midday Thursday, led by oil...

Deals

Antitrust agency could thwart Yukos asset buyer Prana

The Prana group, the mystery buyer of various assets of bankrupt oil company Yukos, could see its acquisition blocked by...

Deals

Greece’s Marfin IG to raise €5.19 bln for investments

Marfin Investment Group announced details of its proposed rights issue to raise up to €5.19 billion ($7 billion), which will...

Deals

Hirschmann’s managers lead €115 mln buyout

Managers at the industrial networking specialist Hirschmann Electronics have bought the company from its parent, Rheinmetall, with the backing of...

Deals

Total makes bid for Esso’s Caribbean businesses

French integrated energy giant Total, the fourth largest oil company in the world, is bidding to purchase Esso’s Caribbean operations,...

Deals

New Zealand competition office lays cartel charges on European firms

New Zealand's competition office Commerce Commission announced Wednesday that it was taking legal action against three European companies, alleging they...

Deals

Little cars flex in the city

Suzuki and Opel / Vauxhall have announced new versions of their mini-people movers which will be launched next year....

Deals

Ascent Resources provides update of drilling activities in Hungary

Ascent Resources Plc, the AIM traded oil and gas exploration and production company, through its Hungarian subsidiary PetroHungária Kft has...

Deals

MOL reportedly in talks to buy Tifon retail network

Hungarian oil group MOL is reportedly negotiating the acquisition of Croatian petrol retailer Tifon. Reuters has cited a Croatian daily...

Deals

Cerberus to purchase 80% Chrysler stake

In a deal to end nine unhappy years of marriage between Chrysler and Mercedes, DaimlerChrysler AG announced early this morning...

Deals

CEZ expands into southeastern Europe

Czech utility CEZ aims to enhance its position as a tier one energy company by focusing on the Balkan states...

Deals

Honeywell partners with MOL Group

Honeywell recently announced it has established a strategic business relationship with MOL Group, the Hungarian national oil and gas provider,...

Deals

Equity firm reported in front to buy Chrysler

A private-equity firm, Cerberus Capital Management, has moved to the front in talks to buy the ailing Chrysler division from...

Deals

Unitex buys Yukos oil sale cos. for $483.5 mln

Unitex has bought Yukos' oil sale companies for 12.46 billion rubles (about $483.5 million) at an auction for the assets...

Deals

Russia’s Basic Element buys shares in Canadian parts-maker Magna

Russian conglomerate Basic Element has acquired an 18% stake in Magna International Inc, a Canadian autoparts manufacturer which has reportedly...

Deals

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

Deals

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

O3 Partners Plans Minority Stake in Impact Ventures Under Strategic Partnership

O3 Partners N.V. and Impact Ventures Venture Capital Fund Management Plc., together with its owner, have signed a memorandum of...

Duna Group Opens Door to Hungarian State Stake in Controversial African Road Project

Duna Group, one of the construction companies that became a major player in Hungary during the Orbán era, remains open...

Continest Expands French Operations With First Strategic Partner

Continest Technologies Plc.’s rental division has established its first strategic partner in France, strengthening the company’s presence and expanding access...

Hungary’s Liwo Group Wins EUR 1.5 mln Slovenian Hospital Contract

The Slovenian subsidiary of Hungary’s Liwo Group has won a public procurement contract to provide comprehensive indoor cleaning and internal...

MOL Signs Agreement With Shell to Buy BG Cyprus in Largest E&P Move Since 2019

MOL Group said Friday it had signed an agreement with Shell to acquire BG Cyprus Ltd., its wholly owned subsidiary....

BME, OTP Join Forces to Strengthen Cybersecurity Education and Research

A new partnership between the Budapest University of Technology and Economics (BME) and OTP Bank aims to connect academic expertise...

BME, OTP Bank Sign Strategic Cybersecurity Cooperation Agreement

The Budapest University of Technology and Economics (BME) and OTP Bank have signed a strategic cooperation agreement aimed at strengthening...

Hungary M&A Activity Rises 16% in 2025, Above Global Average

Merger and acquisition activity in Hungary rose 16% in 2025, outpacing the global and regional averages, according to data compiled...

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

MOL Successfully Concludes Talks With Serbia on NIS Acquisition

Hungarian oil and gas company MOL said it successfully concluded negotiations with the government of Serbia on the conclusion of...

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

4iG, Northrop Grumman Sign Satellite Deal to Boost Hungary’s Space Capabilities

4iG S&D has signed a multimillion-dollar agreement with Northrop Grumman to develop a geostationary communications satellite under Hungary’s flagship Husat...