Wed, Apr
62 New Articles

Clifford Chance Badea Advises BNP Paribas on Acquisition of IKB’s Romanian assets

Clifford Chance Badea Advises BNP Paribas on Acquisition of IKB’s Romanian assets

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

Clifford Chance Badea has advised BNP Paribas Leasing on the acquisition of shares in two Romanian companies from IKB, a Germany-based group that is exiting the local market.

"The deal reconfirms global investors' interest in the local financial market, which is currently in the middle of the consolidation process and has development potential,” said Clifford Chance Badea Counsel Loredana Ralea. “Any successfully closed high-profile project validates this potential and contributes to the market's maturing process overall."

The Clifford Chance Badea team included Managing Partner Daniel Badea, Counsels Loredana Ralea and Cosmin Anghel, Senior Associate Diana Crangasu, and Associate Diana Moroianu.

Clifford Chance Badea informed CEE Legal Matters that it was "not allowed to disclose any other information" regarding the deal, including the identity of counsel for IKB.

Editor's Note: After this article was published Tuca Zbarcea & Asociatii announced that it advised IKB in relation to the sale of 100% held in IKB Leasing Finance IFN S.A. and IKB Leasing S.A. to BNP Paribas Leasing Solutions. The TZA team was led by Partner Irina Moinescu. 


Romanian Knowledge Partner

MPR Partners 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 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 & Asociatii 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. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

All News about MPR Partners can be found here.

Our Latest Issue