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Closing: Alpha Bank and Alpha International Holdings' Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania Now Closed

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On July 22, 2025, Clifford Chance announced that Alpha Bank and Alpha International Holdings' Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania (as reported by CEE Legal Matters on March 17, 2025) has now closed.

As previously reported, Clifford Chance advised Alpha Bank and Alpha International Holdings on the full sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania. PwC’s Romanian affiliate D&B David and Baias advised Vista Bank.

The Clifford Chance team included Partners Nadia Badea and Loredana Ralea, Counsels Radu Costin and Gabriel Toma, and Associates Filip Marinau and Madalina Paladi.

The D&B David and Baias team included Partner Ovidiu Bold, Managing Associate Catalina Nacev, and Senior Associate Andra Vamvu.

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.

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