RTPR has assisted Aegon in relation to the sale of its operations in Romania to Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG), as part of a regional deal with a total value of EUR 830 million. The transaction included Hungary, Poland, Romania and Turkey and involved insurance, pension and asset management business.
The deal was coordinated by Allen & Overy Amsterdam, the project team being led by Katinka Middelkoop (Partner) and further included lawyers in A&O offices in Hungary, Poland and Turkey. The RTPR team included Mihai Ristici (Partner), Vlad Stamatescu (Managing Associate) and Marina Fecheta-Giurgica (Associate).
“We are honoured to have been part of this strategic transaction in the insurance and pension funds management sectors and to have contributed to its success. The collaboration of our team with our colleagues in Allen & Overy’s offices in several countries once again proves its value and efficiency. Also, big thanks to the wider RTPR team who made this possible”, said Vlad Stamatescu.
RTPR has one of the most experienced and appreciated Corporate/M&A teams, every year being recommended in international legal publications, such as Legal 500, Chambers and IFLR1000. RTPR lawyers are in their turn recognised among the best in the country and are appreciated as Leading Lawyers in their area of expertise.
Since the end of October RTPR team has announced the signing of 8 M&A deals, a genuine record for the Romanian market, especially in such a year when M&A deals have seen a significant decrease globally in the Covid-19 context.