The M&A team of D&B David si Baias, the correspondent law firm of PwC in Romania, provided legal assistance for the Burda International Gmbh Group in the takeover of Sanoma Hearst Romania. Following the transaction, in the portfolio of the group will enter the Romanian editions of several prestigious magazines such as Cosmopolitan, Harper's Bazaar, FHM, Esquire, Men’s Health, Auto Motor și Sport or National Geographic.
The D&B team that assisted the transaction included Anda Rojanschi, Partner in charge with the M&A practice and Miriam Constantin, Senior lawyer.
„There is a growing interest for acquisitions in the media sector globally. We have seen recently sizeable deals in the United States involving the Boston Globa and the Washington Post, we are glad to see that this M&A wave has also had an impact on the Romanian market”, stated Anda Rojanschi, Partner, D&B David ºi Baias.
About D&B David ºi Baias:
D&B David si Baias is the correspondent law firm of PwC Romania, being integrated in the PwC network of correspondent law firms that has more than 2000 lawyers in 75 jurisdictions.
D&B David ºi Baias is a business law firm. The D&B David ºi Baias team provide integrated, innovative and pragmatic solutions, by providing assistance, representation and legal advice in the following areas: companies and groups of companies, mergers, acquisitions and restructuring, real estate, employment and human resources, financial services and capital markets, competition and state aid, intellectual property, consumer and personal data protection, tax and commercial litigation.D&B David and Baias also specialises in the pharmaceutical and IT & Telecom fields, providing specific solutions for companies in these industries.