Raiffeisen Close to Buying BBVA’s Romanian Unit for €550 Million
Austria’s Raiffeisen Bank is reportedly nearing a deal to acquire BBVA’s Romanian Garanti unit for about 550 million euros ($641 million). The move would deepen Raiffeisen’s presence in Romania and represents a notable investment in the country’s banking sector. Negotiations are said to be in advanced stages, though the final terms have not been co…