Mergers & Aquisitions

Assisted a Nederland based holding company providing insurance and pension services in CEE and CIS in front of the Competition Council in respect of the notification of the economic concentration on the insurance market, pursuant to the acquisition of a major Romanian insurance company (holding a market share between 7% to 37%, depending on the class of the insurance policies)

– Assisted a Nederland based holding company providing insurance and pension services in CEE and CIS in front of the Competition Council in respect of the notification of the economic concentration on the insurance market, pursuant to the acquisition of a major Romanian insurance company (holding a market share between 7% to 37%, depending on the class of the insurance policies)

Assisted a Romanian financial institution in disposal of the majority stake in a Romanian bank, including assistance in negotiation with various potential bidders and entering into a binding agreement with an US based hedge fund. Following the failure of the latter to close the acquisition, the runner-up took over 54,79% equity interest in the Romanian bank as a combination of acquisition of shares from the existing shareholders and a capital injection into the bank. Our team provided advice to the sellers on all phases of the sale, including assisted in negotiations, drafting documentation and finally closing the transaction with the runner-up

– Assisted a Romanian financial institution in disposal of the majority stake in a Romanian bank, including assistance in negotiation with various potential bidders and entering into a binding agreement with an US based hedge fund. Following the failure of the latter to close the acquisition, the runner-up took over 54,79% equity interest in the Romanian bank as a combination of acquisition of shares from the existing shareholders and a capital injection into the bank. Our team provided advice to