Filip & Company assists Banca Transilvania in the acquisition of BRD Pensions

Filip & Company assists Banca Transilvania in the acquisition of BRD Pensions

Filip & Company team assisted Banca Transilvania Group in relation to the execution of documents for the acquisition of BRD Pensions, a Societe Generale group company that manages a mandatory private pension fund (Pillar II) and a voluntary pension fund (Pillar III). Completion of the transaction is subject to the relevant regulatory approvals.

“We are delighted to assist Banca Transilvania Financial Group in this transaction, which consolidates and expands the pension fund market and contributes to the development of a very important segment for the Romanian economy. We are grateful and thank Banca Transilvania for the trust and the opportunity to be part of this team., said Alina Stancu Bîrsan, partner and head of the Finance & Banking department of Filip & Company.

The Filip & Company team that assisted Banca Transilvania Financial Group in this transaction was coordinated by Alina Stancu Bîrsan (partner) and included Olga Solomon (Niță) (partner), Rebecca Marina (counsel), Raluca Biță (associate), Daria Olteanu (associate) and Valeriu Iliescu (associate) in key positions.

Filip & Company has one of the most dynamic and experienced Banking, Financial Services and M&A practices, advising on numerous M&A transactions, including in the financial services sector, and is ranked in the top tier in both areas by the prestigious Legal 500. The team includes specialists with an extensive and successful track record in both domestic and international projects.

Filip & Company

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have a wide experience in several domains, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com. to find out more about Filip & Company’s expertise and team.

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