Seven independent financial advisory firms operating in nine Central East European countries are scheduled to sign an agreement on forming a regional corporate finance alliance. To be called M&A CEE Network, the partnership aims to help regional companies acquire businesses, merge, and build strategic alliances across Central, Eastern and Southern Europe.
The new cooperation comes at a time when the number of domestic and cross-border mergers in Central and Eastern Europe is likely to increase, commented Pйter Mбrk, a director of Corvinus Rt. The firm, a subsidiary of the Hungarian Development Bank Rt (MFB), is charged with investing Ft 10 billion into cross-border M&A transactions by
Hungarian medium-sized companies.
