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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

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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. 


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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). 

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