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Filip & Company Advises BCR on Sale of Shares in CIT One to BRD Groupe Societe Generale and Raiffeisen Bank Romania

Filip & Company Advises BCR on Sale of Shares in CIT One to BRD Groupe Societe Generale and Raiffeisen Bank Romania

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Filip & Co has advised BCR on its sale of equal 33.3% stakes in the CIT One armored car company to BRD Groupe Societe Generale and Raiffeisen Bank Romania. 

Financial details of the deal were not disclosed.

The Filip & Co team included Partners Alina Stancu Birsan and Catalin Suliman, Counsel Monica Statescu, Senior Associate Silviu Vasile, and Associate Andreea Banica.

Editor's note: After this article was published, Popovici Nitu Stoica & Asociatii announced that it had advised BRD Groupe Societe Generale on the deal. The firm's team included Partners Silviu Stoica and Mihaela Ion and Managing Associates Vlad Ambrozie and Laura Ambrozie.

Subsequently, CEE Legal Matters learned that Nestor Nestor Diculescu Kingston & Petersen had advised Raiffeisen Bank Romania. The firm's team included Partners Alina Radu, Corina Dumitru, and Georgeta Dinu.

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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