Filip & Company law firm provided legal assistance to Dante International S.A. and HeyBlu IFN S.A. in relation to the acquisition of 100% of Orange Money IFN S.A. shares. This strategic transaction marks an important step in the development of eMAG’s financial services division, enhancing its presence in the digital payments and financial solutions sector in Romania.
“This acquisition underlines the dynamism of the financial services market in Romania, including the adoption of digital payments. Consumers want intuitive, user-friendly digital tools and easy access to finance, and the integration of Orange Money IFN S.A. into the eMAG group will catalyse growth in this direction. We are delighted to be part of such a transaction and would like to thank the eMAG team for their trust and excellent collaboration”, said Alina Stancu Bîrsan, head of the Corporate, M&A and Capital Markets department at Filip & Company.
The Filip & Company team that assisted eMAG in this transaction was coordinated by Alina Stancu Bîrsan (partner) and Rebecca Marina (counsel) and included Raluca Biță (associate) and Sandra Danciu (associate) in key positions. Competition law and foreign investment issues were covered by the team of Silviu Vasile (partner), Roxana Roșca (senior associate) and Sergiu Păun (associate).
Filip & Company has one of the most dynamic and experienced Banking, Financial Services and M&A practices, assisting in numerous M&A transactions, including in the financial services sector, and is ranked in both areas in the top tier by the prestigious Legal 500 publication. The team includes specialists with an extensive and successful track record, acquired in both domestic and international transactions.