Filip & Company assists Fondul Proprietatea in the sale of its entire shareholding in ENEL

Filip & Company law firm assisted Fondul Proprietatea S.A., in the sale of its minority equity stakes held in E-Distributie Muntenia S.A., Enel Energie Muntenia S.A., E-Distributie Dobrogea S.A., E-Distributie Banat S.A., and ENEL Energie S.A.

“This was an excellent deal secured by Fondul Proprietatea from an interesting asset that had been part of their portfolio for a long time. It was even more remarkable as the transaction was secured on the backdrop of a challenging energy market climate. We are glad to have been able to work again with the team at Fondul Proprietatea on an important project. It is always a very pleasant experience”, said Alexandru Bîrsan, partner and coordinator of the Corporate and M&A department of Filip & Company.

The Filip & Company team assisting in this transaction consists of Alexandru Birsan (partner), Cristina Filip (managing partner), Andreea Banica (senior associate) and Larisa Jurca (associate).

The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in very many cases at least one of the parties was assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 – with their M&A practice, both as a team as well as individually.