AXA SA, the listed France based insurance group, offering life, property, casualty, reinsurance, financial services and real estate investment services has agreed to acquire Omniasig Life, the Romania based life insurance Company from Omniasig Vienna Insurance Group, the Romania based insurance company and subsidiary of Vienna Insurance Group (VIG), the listed Austria based insurance company, for an undisclosed consideration, estimated to be maximum of EUR 10m.

Omniasig Life generated annual turnover of EUR 14m in 2008 and contributed 2.7% market share in the insurance sector. The acquisition is expected to be closed in the first half of 2010. VIG also owns Asirom, BCR Asigurari and BCR Asigurari de Viata. The disposal will enable VIG to focus on development of these three companies.

Asseco Slovakia AS, the listed Slovakia based system integrator and supplier of IT solutions, technologies, and services and subsidiary of Asseco Poland SA, the listed Poland based integrator of information technology and provider of IT solutions, agreed to acquire a 70.04% stake Statlogics Zrt, the Hungary based Software Company, for an undisclosed consideration, estimated to be EUR 8m.
 
Asseco is acquiring the shares from nine individuals. This transaction will be financed by Asseco from its own resources. The agreement also provides that shareholders owning the remaining 29.96% of the shares can make an offer to Asseco to purchase those shares and vice-versa. The acquisition will allow Asseco to enter and enhance its position in the Central European market, with the help of Statlogics's Central European consumer loan solutions. The acquisition will enable Statlogics to strengthen its position in front of existing customers and it will give an opportunity for making potential clients. Statlogics Zrt has generated revenues of EUR 3.8m in the year 2008 and has 75 employees. The transaction is subject to Slovak Antimonopoly Office approval.

MVM Zrt, the Hungarian power company, has acquired Hungarowind Kft, the Hungary based company wind power firm, from Raiffeisen Energy Service Ltd, the Hungarian energy holding subsidiary of Raiffeisen Bank Group, the Austria based bank, for a consideration of EUR 30m. Through the acquisition of ownership by MVM, one of the most important wind farms established in the country, representing nearly 15% of the total wind power plant capacity in Hungary is transferred to domestic, national ownership.

Imtech NV, the listed Netherlands based provider of technical services like consultancy, engineering, implementation, maintenance and maintenance management has acquired S.C. Arconi Grup S.A., the Romania based provider of technical services, for an undisclosed cash consideration including earn-outs.

Arconi employs over 200 technical specialists and generates annual 2008 revenues of approximately EUR 15m. The transaction will help Imtech to strengthen its position in Romania and improve of its position in Eastern Europe. Through this acquisition, Imtech will offer the entire range of its services to Romanian clients. The acquisition will also expected to be accretive to Imtech’s earnings per share.

Accor Services France SAS, the France based company which designs and manages business solutions for corporate and public institutions and a subsidiary of Accor SA, the listed France based operator of hotels and provider of corporate and tourism services, has acquired Exit Group, the Czech Republic based provider of meal vouchers, for a total consideration of EUR 15m.

Exit Group reported annual 2008 issue volume of EUR 77m. The acquisition will enable The acquisition is in line with Accor Services growth strategy and enables it to gain a dominant position in the Czech Republic market for meal vouchers. Accor Services can also gain access to Exit Group’s 165,000 end users. Post acquisition, Exit Group’s products will be re-branded under the Ticket Restaurant name and Accor Services Czech Republic’s issue volume will reach an estimated at EUR 250m.

Advent International Corporation, through its acquisition vehicle Advent Water (Luxembourg) has signed a definitive agreement to acquire 75.32% stake in Devin AD from Devin Beteiligungs GmbH, the holding company of Soravia Group AG.
 
Devin AD, a listed Bulgaria based company headquartered in Sofia, is a provider of bottled mineral water, spring water, carbonated and non-carbonated soft drinks and mineral water pumps. Advent Water (Luxembourg) is an acquisition vehicle created by Advent International Corporation, the US based private equity firm headquartered in Boston, Massachusetts. Soravia Group AG, the Austria based company headquartered in Vienna, is engaged in real estate business and equity investments.

Goodyear SA has agreed to acquire the remaining 34.01% stake of Firma Oponiarska Debica SA. The transaction will be conducted via a tender offer.
 
Goodyear SA is a Luxembourg based tires manufacturer and an affiliate of Goodyear Tire & Rubber Company, the listed US based company headquartered in Akron, Ohio, which is a developer, manufacturer, distributor and seller of tires and related polymer products. Firma Oponiarska Debica SA (TC Debica SA), the listed Poland based company headquartered in Debica, is a Poland based producer of passenger and light truck tires.

Mobile Czech Republic AS, the Czech Republic based provider of mobile telecommunications services, and a portfolio company of Mid Europa Partners, the UK based private equity firm and Al Bateen Investment Company, the UAE based investment company, has agreed to acquire retail telecom business of Ceske Radiokomunikace AS, the Czech Republic based provider of telecommunication services including radio and television broadcasting, for an undisclosed consideration.

T-Mobile will acquire residential and small businesses division including the 130 employees and more than 100,000 customers. Al Bateen and Mid Europa Partners, holds 100% stake in Ceske Radiokomunikace and 39.2% stake in T-Mobile Czech Republic.
 
Through the acquisition T-Mobile plans to provide fixed services & internet access via DSL and become a major alternative provider. The acquisition will further strengthen T-Mobile’s ability to provide better integrated solutions for the entire market segment. The deal is subject to competition authorities' approval and is expected to complete by the end of November 2009.