The acquisition papers were signed in June 2021 and the necessary regulatory approvals were obtained in the meantime.
The Filip & Company team was coordinated by Alina Stancu Bîrsan (partner) and Cristina Filip (partner), and it also included Rebecca Marina (senior associate) and Camelia Iantuc (senior associate). Catalin Suliman (partner) coordinated the competition law team made up of Dragos Iordache (senior associate) and Lisaura Ungureanu (senior associate).
On October 29, 2021, Banca Transilvania announced in a stock market report that it had finalized the acquisition of the entire ownership stake held by Getin Holding Group in Idea::Bank, Idea::Leasing and Idea::Broker de Asigurare. The value of transaction stands at RON213 million (EUR43 million).
Idea::Bank is the third bank purchased by Banca Transilvania, after Bancpost (2018) and Volksbank Romania (2015).