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A major acquisition in the banking sector
Recently, UniCredit completed a major acquisition transaction, obtaining 90.1% of Alpha Bank Romania from Alpha International Holdings. This strategic move took place in exchange for 9.9% of UniCredit Romania’s share capital and an investment of approximately 255 million euros in cash. The acquisition not only strengthens UniCredit’s position in the Romanian market, but also represents a significant step towards the integration of banking operations
in the region.
The context of the merger
This transaction is part of a strategic partnership between UniCredit and Alpha Services and Holdings, announced earlier. The integration of Alpha Bank Romania into the UniCredit Group is expected to be completed with a merger by incorporation, which should take place in the second half of 2025. This merger is intended to create significant synergies and to optimize banking operations, increasing efficiency and competitiveness in the market
.
Impact on the Romanian market
With this acquisition, UniCredit will rank third in the Romanian banking market, with a combined market share of approximately 12% in terms of total assets. This development not only enhances UniCredit’s presence in Romania, but also offers opportunities for growth and innovation in the local banking sector. The merger of the two entities will lead to a greater offer of services and products for customers, helping to meet the growing needs of the market
.
Towards a sustainable future
In addition, on, UniCredit signed a collaboration agreement to accelerate the development of floating offshore wind power. This agreement represents a commitment to sustainability and the energy transition, responding to the growing demand for renewable electricity. The integration of Alpha Bank Romania into the UniCredit Group not only strengthens its position in the banking market, but also paves the way for sustainable initiatives that can have a positive impact on the environment and
the community.
