PNSA alongside BRD - Groupe Société Générale in its investment in CIT One

October 6, 2020

Popovici Nițu Stoica & Asociații advised BRD - Groupe Société Générale in the recently closed transaction by which BRD, BCR and Raiffeisen Bank Romania became equal shareholders in CIT One, one of the largest Romanian companies specialised in the transport, processing and storage of cash and other valuables. The transaction has previously been cleared by the Competition Council.

PNSAPNSA alongside BRD - Groupe Société Générale in its investment in CIT One

PNSA advised BRD - Groupe Société Générale throughout the entire process, from preliminary discussions on structuring and financing the transaction, up to negotiating the transaction documents and preparing and supporting the specific documentation in order to obtain the approval of the Competition Council.

PNSA team was led by Silviu Stoica (Partner), who coordinated the whole transaction, and by Mihaela Ion (Partner) on competition & antitrust matters, with the support of Managing Associates Vlad Ambrozie (M&A) and Laura Ambrozie (Competition).

Popovici Nițu Stoica & Asociații is a leading Romanian independent law firm and has been at the forefront of the market since its incorporation in 1995.

Popovici Nițu Stoica & Asociații groups today more than 80 lawyers and counsels, including 16 partners, largely acknowledged as top-notch commercial law experts, by clients and peers.


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