This site places cookies on your device to offer you a better browsing experience. You can visit this page to find out more on how we use cookies and how you can change your settings. If you continue browsing our site, we’ll assume you agree to our cookie use.      Accept this cookie | Find out more

Țuca Zbârcea & Asociații
Print Site Map
   
Home/News
News
 
Recent deals
 
 
News
Top banks in Romania seal EUR 350 million deal with Tuca Zbarcea & Asociatii as sole legal adviser Tuca Zbarcea & Asociatii announces the completion of the transaction for the sale of 100% of Romanian insurer Asiban S.A., one of the top Romanian life and non-life insurance companies. BRD – Société Générale, Banca Comerciala Romana (BCR), Banca Transilvania (Romania’s 4th largest bank in terms of total assets) and Casa de Economii si Consemnatiuni – CEC (the Romanian savings bank) have signed the agreements for the acquisition by Groupama International of the entire share capital in Asiban. Tuca Zbarcea & Asociatii announces the completion of the transaction for the sale of 100% of Romanian insurer Asiban S.A., one of the top Romanian life and non-life insurance companies. BRD – Société Générale, Banca Comerciala Romana (BCR), Banca Transilvania (Romania’s 4th largest bank in terms of total assets) and Casa de Economii si Consemnatiuni – CEC (the Romanian savings bank) have signed the agreements for the acquisition by Groupama International of the entire share capital in Asiban. Tuca Zbarcea & Asociatii acted as sole legal advisor on behalf of the selling shareholders and the company while Rothschild & Cie served as exclusive financial advisor to the four selling shareholders and the management of Asiban SA in connection with the transaction. Our services included, inter alia, advice on corporate, capital markets and regulatory aspects that concern the transaction (including assistance with regard to the reporting obligations vis-à-vis the Insurance Supervisory Commission, the National Securities Commission and the Bucharest Stock Exchange), preparation of the vendor legal due diligence, preparation of the Data Room, preparation of the discussion draft of the Share Purchase Agreement and negotiation of the subsequent marked-up drafts, as well as preparation and review of other incident transaction documents. A team of 15 lawyers, led by Managing Partner Florentin Tuca has contributed to the successful outcome of the project, which lasted over 9 months.
April 10, 2008
Top banks in Romania seal EUR 350 million deal with Ţuca Zbârcea & Asociaţii as sole legal adviser

Ţuca Zbârcea & Asociaţii announces the completion of the transaction for the sale of 100% of Romanian insurer Asiban S.A., one of the top Romanian life and non-life insurance companies.

BRD – Société Générale, Banca Comercială Română (BCR), Banca Transilvania (Romania’s 4th largest bank in terms of total assets) and Casa de Economii şi Consemnaţiuni – CEC (the Romanian savings bank) have signed the agreements for the acquisition by Groupama International of the entire share capital in Asiban. [+]

Ţuca Zbârcea & Asociaţii announces the completion of the transaction for the sale of 100% of Romanian insurer Asiban S.A., one of the top Romanian life and non-life insurance companies.

BRD – Société Générale, Banca Comercială Română (BCR), Banca Transilvania (Romania’s 4th largest bank in terms of total assets) and Casa de Economii şi Consemnaţiuni – CEC (the Romanian savings bank) have signed the agreements for the acquisition by Groupama International of the entire share capital in Asiban.

Ţuca Zbârcea & Asociaţii acted as sole legal advisor on behalf of the selling shareholders and the company while Rothschild & Cie served as exclusive financial advisor to the four selling shareholders and the management of Asiban SA in connection with the transaction.

Our services included, inter alia, advice on corporate, capital markets and regulatory aspects that concern the transaction (including assistance with regard to the reporting obligations vis-à-vis the Insurance Supervisory Commission, the National Securities Commission and the Bucharest Stock Exchange), preparation of the vendor legal due diligence, preparation of the Data Room, preparation of the discussion draft of the Share Purchase Agreement and negotiation of the subsequent marked-up drafts, as well as preparation and review of other incident transaction documents.

A team of 15 lawyers, led by Managing Partner Florentin Ţuca has contributed to the successful outcome of the project, which lasted over 9 months.

[-]

Tuca Zbarcea & Asociatii is the dealmaker of the year with the biggest number of M&A transactions in 2007 Tuca Zbarcea & Asociatii tops the M&A league tables for 2007, as evidenced by Ziarul Financiar, Romania's leading business and financial newspaper. The firm ranked 1st and was recognized as the most active transactional law firm in the market. The Top Deals Yearbook's results showed that we have acted on the biggest number of announced and completed M&As for an aggregate deal value worth approximately EUR 1 billion. Tuca Zbarcea & Asociatii tops the M&A league tables for 2007, as evidenced by Ziarul Financiar, Romania's leading business and financial newspaper. The Top Deals Yearbook released by Ziarul Financiar includes 113 of the most important transactions on the Romanian market over the past year. A total number of 29 law firms, including magic circle law firms such as Linklaters and Clifford Chance, as well as international law firms (CMS Cameron McKenna, Salans, Wolf Theiss, Schoenherr, Gide) and other independent law firms have made it to the top. Tuca Zbarcea & Asociatii ranked 1st and was recognized as the most active transactional law firm in the market. The Top Deals Yearbook's results showed that we have acted on the biggest number of announced and completed M&As for an aggregate deal value worth approximately EUR 1 billion. Speaking about these strong results, Florentin Tuca, Managing Partner said, "after the EU accession, the country was given a vote of confidence by major foreign investors. The dynamics of the M&A activity in 2007 are testament to the growing opportunities in the market. We are honored to be working with the biggest players, companies such as Erste Bank, ArcelorMittal, OMV Group, Carrefour which kept our lawyers extremely busy for the past year. Our performance is a tribute to our clients and also to our talented M&A team." Tuca Zbarcea & Asociatii is a major player for big-ticket Romanian M&A transactions. Firm's broad expertise in M&A and capital markets areas has received impressive recommendations from IFLR 1000 - the guide to the world's leading financial law firms. As such, for the past 2 consecutive years, the firm has ranked 1st in the M&A and capital markets areas of practice, with editors commenting that our law firm is "one of the most dynamic firms in the Romanian legal market at the moment" and one that "has built a really successful practice". For more information and a brief description of some of the transactions featured in the Top Deals Yearbook, please visit Recent Firm Rankings section.
April 7, 2008
Ţuca Zbârcea & Asociaţii is the dealmaker of the year with the biggest number of M&A transactions in 2007

Ţuca Zbârcea & Asociaţii tops the M&A league tables for 2007, as evidenced by Ziarul Financiar, Romania's leading business and financial newspaper. The firm ranked 1st and was recognized as the most active transactional law firm in the market. The Top Deals Yearbook's results showed that we have acted on the biggest number of announced and completed M&As for an aggregate deal value worth approximately EUR 1 billion. [+]

Ţuca Zbârcea & Asociaţii tops the M&A league tables for 2007, as evidenced by Ziarul Financiar, Romania's leading business and financial newspaper.

The Top Deals Yearbook released by Ziarul Financiar includes 113 of the most important transactions on the Romanian market over the past year. A total number of 29 law firms, including magic circle law firms such as Linklaters and Clifford Chance, as well as international law firms (CMS Cameron McKenna, Salans, Wolf Theiss, Schoenherr, Gide) and other independent law firms have made it to the top.

Ţuca Zbârcea & Asociaţii ranked 1st and was recognized as the most active transactional law firm in the market. The Top Deals Yearbook's results showed that we have acted on the biggest number of announced and completed M&As for an aggregate deal value worth approximately EUR 1 billion. Speaking about these strong results, Florentin Ţuca, Managing Partner said, "after the EU accession, the country was given a vote of confidence by major foreign investors. The dynamics of the M&A activity in 2007 are testament to the growing opportunities in the market. We are honored to be working with the biggest players, companies such as Erste Bank, ArcelorMittal, OMV Group, Carrefour which kept our lawyers extremely busy for the past year. Our performance is a tribute to our clients and also to our talented M&A team."

Ţuca Zbârcea & Asociaţii is a major player for big-ticket Romanian M&A transactions. Firm's broad expertise in M&A and capital markets areas has received impressive recommendations from IFLR 1000 - the guide to the world's leading financial law firms. As such, for the past 2 consecutive years, the firm has ranked 1st in the M&A and capital markets areas of practice, with editors commenting that our law firm is "one of the most dynamic firms in the Romanian legal market at the moment" and one that "has built a really successful practice".

Top_tranzactii2

For more information and a brief description of some of the transactions featured in the Top Deals Yearbook, please visit Recent Firm Rankings section.

[-]

News Archive

Back to News
Get all the news using the RSS Feeds
Get all the news using the RSS Feeds rss



September 2017
Print Quality Download
Fast-Web Quality Download
pdf file
Read more

Lawyers from Ţuca Zbârcea & Asociaţii and White & Case (US) win second ICSID arbitration for Romania [...]
Lawyers from Tuca Zbarcea & Asociatii and White & Case (US) win second ICSID arbitration for Romania
Successful assistance of the number one integrated oil and gas group in Central Europe in the restructuring of the petrochemicals business carried out at Arpechim Piteşti and subsequent sale thereof [...]
Successful assistance of the number one integrated oil and gas group in Central Europe in the restructuring of the petrochemicals business carried out at Arpechim Pitesti and subsequent sale thereof
We are the sole selected legal advisor of the national stock exchange market authority on all legal matters regarding its activities on the Romanian capital markets [...]
We are the sole selected legal advisor of the national stock exchange market authority on all legal matters regarding its activities on the Romanian capital markets


Copyright © 2007 - 2017 Țuca Zbârcea & Asociații Terms and Conditions