Wolf Theiss has advised the shareholders of Adeplast on the sale of 100% of its shares to the Sika Group. The buyers were advised by Eversheds Sutherland on the transaction, which remains subject to clearance by various anti-trust authorities.
Wolf Theiss has informed CEE Legal Matters that this past spring it worked alongside Jones Day and Kirkland & Ellis in advising Blackstone Tactical Opportunities on its EUR 175 million acquisition of a minority stake in Romania's Superbet Group. Romania's Bulboaca & Asociatii worked alongside global counsel Herzog, Fox & Neeman in advising the sellers.
Stratulat Albulescu has advised Titluri Quality S.R.L. on its acquisition of all the publishing activities of Gandul, Apropo, Ce Se Intampla Doctore, Descopera, and Go4IT from Mediafax. The transaction also included the acquisition of all related Internet domains, specific operating equipment, and the transfer of employees.
Technology is part of our lives. And technological development leaves its mark on our lifestyle. We saw that in our own homes when we gave up our traditional landlines and used the fixed broadband Internet connection instead, at higher and higher speeds. We see that when exploring the ever-expanding features and options of our mobile handsets. We also see that while viewing high definition programs or when accessing digital interactive services through our TV sets, and when faced with the option of placing calls using traditional services or through new applications. We can see the technological development when rural areas have access to electronic communications and are thus able to reap the benefits of the digital economy.
Popovici Nitu Stoica & Associates has advised Certinvest on the sale of Certinvest Pensii, which manages over RON 75 million in an optional pension fund that has over 9,500 participants, to Banca Transilvania subsidiaries BT Asset Management SAI and BT Investments. Peli Partners reportedly advised Banca Transilvania on the deal.