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Popovici Nitu & Asociatii advised the largest transactions in the Energy and Healthcare sectors of 2009

July 2010

Ziarul Financiar rewarded Popovici Nițu & Asociații at Lawyer’s Gala for the largest transactions in Healthcare and Energy from 2009.

In Healthcare, Popovici Nițu & Asociații advised the owners of MedLife on the sale of a minority share stake to Societe Generale Asset Management (SGAM), in a transaction exceeding €20m.

In the Energy sector, the Firm advised Fondul Proprietatea on the sale of its shareholdings in CEZ Vanzare and CEZ Distribuție to CEZ, a.s, in a €230m deal.

“Ziarul Financiar reconfirms our strength in Healthcare and Energy M&A, Popovici Nițu & Asociații being involved in all Healthcare & Energy top transactions of the last years” – said Bogdan Constantin Stoica, the Partner that coordinated both transactions.

Popovici Nițu & Asociații was also involved in the largest transaction in Healthcare of 2008, advising the owners of Labormed Pharma on the sale to Advent International.

According to Legal 500 EMEA 2010 edition, “clients praise the ‘commercial and pragmatic approach’ of the energy team at Popovici Nițu & Asociații, which is known for its strength in transactional work” and also “clients are impressed with rapid feedback on all queries, balanced view on risks and very good quality reporting and transaction documents”.

Popovici Nițu & Asociații is one of the main players on the legal services market, acting primarily in private transactions where it generally represents the interests of international corporations.

Popovici Nițu & Asociații and Popovici Nițu & Asociații Tax group more than 70 lawyers and certified tax advisers.