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Filip & Company Advises Banca Transilvania Group on Acquisition of BRD Pensions

Filip & Company Advises Banca Transilvania Group on Acquisition of BRD Pensions

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Filip & Company has advised Romania's Banca Transilvania Group on its acquisition of BRD Pensions from BRD Groupe Societe Generale and Societe Generale Assurances. PNSA reportedly advised Societe Generale.

The transaction remains contingent on regulatory approval.

BRD Pensions is a Societe Generale group company that manages a mandatory private pension fund and a voluntary pension fund in Romania.

Back in February, Filip & Company advised Banca Transilvania on the acquisition of OTP Bank Romania and its subsidiaries (as reported by CEE Legal Matters on February 21, 2024), and, in late 2023, the same law firm advised BT on its new EUR 1.5 billion bond program and EUR 500 million sustainable bond issuance (as reported on December 15, 2023).

The Filip & Company team included Partners Alina Stancu Birsan and Olga Solomon Nita, Counsel Rebecca Marina, and Associates Raluca Bita, Daria Olteanu, and Valeriu Iliescu.

Editor's Note: After this article was published, PNSA confirmed its involvement to CEE Legal Matters. The firm's team included Managing Partner Florian Nitu, Partners Silviu Stoica and Raluca Rusu, and Senior Associate Diana Dobra.