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Tuca Zbarcea & Asociatii Advises Ringier Group on Acquisition of Romanian Sports Newspaper

Tuca Zbarcea & Asociatii Advises Ringier Group on Acquisition of Romanian Sports Newspaper

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Tuca Zbarcea & Asociatii has advised Ringier Sportal, a joint venture of Ringier Romania and Bulgaria's Sportal Media Group, on the acquisition of Romanian sports brand Gazeta Sporturilor and its online platform, www.gsp.ro.

Ringier Romania, which was founded in 1992, is a digital publishing group in Romania and a key player on the local media market. According to Tuca Zbarcea & Asociatii, “Gazeta Sporturilor is the country’s main sports newspaper, founded in 1924, while www.gsp.ro is the leader in digital sports news with more than 3.5 million unique viewers per month.”

The transaction remains subject to regulatory approvals. 

Tuca Zbarcea & Asociatii reported that the firm was unaware of the identity of sellers' counsel. 

 

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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