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Clifford Chance Badea Advises First Bank on Acquisition of Bank Leumi Romania

Clifford Chance Badea Advises First Bank on Acquisition of Bank Leumi Romania

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Clifford Chance Badea has advised First Bank, owned by US-based investment fund J.C. Flowers & Co., on its acquisition of Bank Leumi Romania.

The deal is to be finalized following the approval of the National Bank of Romania and the Romanian Competition Council. 

The Clifford Chance Badea team was coordinated by Managing Partner Daniel Badea and Counsel Loredana Ralea and consisted of Partner Madalina Rachieru-Postolache, Senior Associates Radu Costin, Ecaterina Burlacu, Bogdan Creteanu, and Lawyers Gabriela Muresan, Mihnea Niculescu, and Maria Ciulica.

Clifford Chance Badea did not reply to our inquiry on this matter.

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MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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