Poland second in M&A activity in Central and Southeastern Europe – EY

With 112 deals in the first half of 2014, Poland came first in the Central and Southeastern Europe (CSE) region, according to a report issued on Thursday by consultancy EY. In terms of deal value, Poland came third, with $2.5 billion. Turkey was the leader in both categories, with 153 deals worth a total of $5.5 billion. The Czech Republic recorded 111 deals worth $4.3, coming third and second in the respective categories. The largest transactions that took place in Poland affected more than one target country, the $743 million takeover of GTS Central Europe by Deutsche Telekom and the $562 million acquisition of Cinema City International by Cineworld Group. The third largest deal was the $411 purchase of the Rondo 1 office building by Deutsche Asset and Wealth Management.