Filip & Company law firm has provided legal assistance to Banca Transilvania Financial Group in closing the acquisition of BRD Societate de Administrare a Fondurilor de Pensii Private S.A. (BRD SAFPP), which manages the privately managed pension fund “Pilonul II”. The Financial Supervisory Authority (ASF) issued the necessary opinion to finalize the transaction in November. This marks BT’s entry into “Pilon II” privately managed pension funds market.
“We are glad to have supported the Banca Transilvania Group in this strategic transaction that contributes to the maturity of the private pension market and to the strengthening of the local long-term savings management infrastructure. It is a project with systemic stakes, involving careful analysis of the regulatory framework and multidisciplinary coordination. We thank the client for the excellent cooperation and the trust placed in our team”, said Alina Stancu Bîrsan, partner and head of Corporate and M&A at Filip & Company.
The Filip & Company Team that assisted Banca Transilvania Group in closing the transaction was coordinated by Alina Stancu Bîrsan (partner) and included in key roles Olga Niță (partner), Rebecca Marina (counsel), Roxana Diaconu (senior associate), Raluca Biță (associate) and Sebastian Dragomir (associate). Competition law and compliance issues were handled by Roxana Roșca (senior associate) and Sergiu Păun (associate).
Filip & Company has one of the most dynamic and experienced Banking and Financial Services and Mergers and Acquisitions practices assisting in numerous M&A transactions, including in the financial services sector and is ranked in the top tier with both its practices, by the prestigious Legal 500 publication. The team includes specialists with extensive and successful experience in complex financial market transactions, gained in both domestic and international contexts.
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.
