Law firm Filip & Company assists Alpha Bank, one of Romania’s leading banks, in the acquisition of the retail activities – payment application, products and customer portfolio – of Orange Money, the digital financial services provider of Orange Romania. The closing of the transaction is subject to certain conditions precedent, including clearance/confirmation from the relevant regulatory authorities.
“This acquisition reflects Alpha Bank’s commitment to provide its customers with modern, integrated solutions tailored to their mobility needs and quick and easy access to financial services. We are very grateful to the Alpha Bank team for their trust, for the opportunity to support their ongoing development efforts and we are happy for the team’s success”, said Alina Stancu Bîrsan, partner at Filip & Company.
The Filip & Company team involved in this transaction was led by Alina Stancu Bîrsan (partner) and included Monica Stătescu (partner), Rebecca Marina (senior associate), Camelia Ianțuc (senior associate), Marius Gheldiu (associate) and Raluca Biță (associate).
The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in most of the cases, at least one of the parties was legally assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 – with their M&A practice, both as a team as well as individually.