Wolf Theiss advises Glovo in the EUR 170 million acquisition of Delivery Hero’s 6 companies in CEE

Wolf Theiss successfully assisted Glovoapp23, S.L. (“Glovo”), one of the world’s leading multi-category delivery players, in the multijurisdictional EUR 170 million acquisition of the operations of Delivery Hero in Romania, Croatia, Serbia, Bulgaria, Montenegro and Bosnia-Herzegovina. Closings occurred today, 17… Read moreWolf Theiss advises Glovo in the EUR 170 million acquisition of Delivery Hero’s 6 companies in CEE

CMS: European M&A environment flips to ‘buyer-friendly’ in response to COVID-19

Europe has returned to a ‘buyer-friendly’ environment, after the COVID-19 pandemic created more risk-averse attitudes. As a result, CMS’ latest annual M&A study identified significant increase in liability caps, longer limitation periods and fewer locked box deals. The multi-year analysis… Read moreCMS: European M&A environment flips to ‘buyer-friendly’ in response to COVID-19

Deloitte analysis: M&A activity recorded significant levels in 2020, despite the unprecedented general context

The Romanian mergers and acquisitions (M&A) market recorded 91 transactions in 2020, compared to 110, in 2019. According to Deloitte estimations, the total market value, including the transactions with undisclosed values, was of 3.7-4.3 billion euros in 2020 (compared to… Read moreDeloitte analysis: M&A activity recorded significant levels in 2020, despite the unprecedented general context