Sat, Jul
42 New Articles

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

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

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

Our Latest Issue