Filip & Company has advised Dante International and HeyBlu IFN on the acquisition of Orange Money IFN.
Dante International is the company that owns the site eMag.ro for IT products, electronics, gadgets, toys, books, music, and movies.
HeyBlu offers financial services with a focus on online payment processing.
Orange Money is a mobile phone-based money transfer service.
According to Filip & Company, “the transaction expands eMAG’s financial services portfolio and strengthens its position in digital payments and financial solutions in Romania.”
The Filip & Company team included Partners Alina Stancu Birsan and Silviu Vasile, Counsel Rebecca Marina, Senior Associate Roxana Rosca, and Associates Raluca Bita, Sandra Danciu, and Sergiu Paun.