Popovici Nitu Stoica & Asociatii has advised BRD Groupe Societe Generale on its co-investment with Raiffeisen Bank and BCR in CIT One. The transaction is pending regulatory approval. BCR and CIT One were advised by Filip & Company, while Raiffeisen Bank was advised by Nestor Nestor Diculescu Kingston Petersen.
CIT One, which PNSA describes as "a Romanian company specialized in transport, processing, and storage of cash and other valuables, initially owned by BCR," will be jointly controlled by the three banks with equal ownership rights.
The PNSA team was led by Partner Silviu Stoica and Managing Associate Vlad Ambrozie and included Partners Alexandru Ambrozie, Mihaela Ion, and Mihaela Pohaci, Managing Associates Codrin Luta, Ioana Cazacu, and Laura Ambrozie, Senior Associate Cristina Marcu, and Associates Ana Stoenescu, Georgiana Enache, Ruxandra Petcu, and Vanessa Nistor.
The NNDKP team included Partners Alina Radu, Corina Dumitru, and Georgeta Dinu, Senior Associate Monia Hantig, and Associate Anca Diaconu.
The Filip & Company team included Partners Alina Stancu Birsan and Catalin Suliman, Counsel Monica Statescu, and Senior Associate Silviu Vasile.