On November 15th, at the Intercontinental Hotel, Fortuna Hall, will be held the conference “GDPR - Hard to Put in Practice?”. The event is hosted by Țuca Zbârcea & Asociații and will have an interactive character, sprinkled with actual examples. The conference is mainly addressed to legal counsellors and data protection officers, human resources managers, marketing directors, and internal audit and information technology specialists.

Sanofi and Advent International have announced the completion of the deal under which Advent International purchased Zentiva, Sanofi’s European generics business for EUR 1.9 billion. Țuca Zbârcea & Asociații acted for Sanofi, with Bucharest M&A partner Sorin Vlădescu and Capital markets partner Silvana Ivan-Hanganu at the helm of the team. They advised on the Romanian legal aspects incident to the transaction, including various corporate, commercial, M&A issues, as well as assisted in the structuring of the transaction from capital markets perspective (considering that Zentiva S.A. Romania is a company listed on the stock exchange).

Romania’s most active transactional lawyers were awarded last night for their achievements in some of the most spectacular M&A deals concluded in 2017 and in the first half of 2018. Lawyers’ Awards Gala celebrates and recognises legal excellence across various industries, from agriculture, retail to FMCG, energy, real estate, IT&C etc. A total of ten awards were handed out, with Țuca Zbârcea & Asociații scoring a double victory. The firm scooped the prize for The Largest Deal in Agribusiness Sector and the prize for The Largest Deal in Retail, respectively. The firm received a total of five nominations at this year’s Lawyers’ Awards Gala.

Our team advised on the corporate and M&A implications of the transaction, as well as on the full spectrum of capital markets issues, considering that both Erste Group Bank and SIF Oltenia are listed on the Bucharest Stock Exchange. Deputy Managing Partner Stefan Damian and Partner Silvana Ivan led the deal for the buyer.

The Rohatyn Group (TRG), a private equity firm with $6 billion deployed since 2005, acquired the largest pet shop chain in Romania, operated by Pet Product SRL under the brand name Animax. The deal involves more than 80 stores in Bucharest and throughout the country. M&A Partner Cătălin Băiculescu led the transaction alongside Mihaela Băiculescu, Senior Associate and Iulian Maier, Associate. In addition, Andreea Oprișan, Managing Associate, Sergiu Negreanu, Associate and Ramona Chițu (Moisă), Tax Director covered the competition law, banking law and tax implications of the deal.