Popovici Nitu Stoica & Asociatii has advised Provita owners Ada and Ovidiu Palea on the sale of a 51% stake in the company to MedLife and the new shareholder agreement. Mitel & Partners advised MedLife on the acquisition.
The transaction remains contingent on regulatory approval.
Provita and MedLife are private healthcare services providers in Romania. MedLife is listed on the Bucharest stock exchange.
PNSA’s team included Partner Silviu Stoica and Managing Associate Vlad Ambrozie.
The Mitel & Partners team included Partner Serban Suchea and Associates Ana Adascalitei and Cristina Mircea.