ZRP
Tuca Zbarcea & Asociatii

RTPR, local adviser for Aramco on A&O Shearman led transaction regarding Aramco’s investment in HORSE Powertrain Limited, a JV established by Renault Group and Geely

26 Iulie 2024   |   BizLawyer

RTPR, local adviser for Aramco on A&O Shearman led transaction regarding Aramco’s investment in HORSE Powertrain Limited, a JV established by Renault Group and Geely

 
 
RTPR acted as Romanian legal counsel in relation to Aramco’s acquisition of 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company, alongside Renault Group, Zhejiang Geely Holding Group and Geely Automobile Holdings Limited. Aramco is one of the world’s leading integrated energy and chemicals companies. HORSE Powertrain Limited was formed on May 31, 2024, by Renault Group and Geely and is incorporated and headquartered in London, UK.

The transaction was signed at the end of June and is subject to customary regulatory approvals. The price to be paid at closing will be based on a EUR 7.4 billion enterprise valuation.

The deal was coordinated by A&O Shearman, the project team being led by Aramco relationship partner, Andrew Schoorlemmer and including partner Frédéric Moreau and senior associate Sam Brooks, as well as other A&O Shearman specialised senior lawyers handling long-term product supply agreements, R&D and IP arrangements streams.

The RTPR team was coordinated by Costin Taracila (Managing Partner) and Marina Fecheta-Giurgica (Senior Associate) closely assisted by George Capota (Junior Associate) and further included Andrei Tosa (Managing Associate), Diana Dimitriu (Senior Associate), Flavia Mincu (Associate), Irina Marinescu and Maria Luca (Junior Associates) for due diligence matters. Partner Roxana Ionescu alongside Serban Halmagean (Associate) and Daria Spatariu (Junior Associate) are assisting with FDI matters related to the transaction.

“Together with our colleagues at A&O Shearman, we were privileged to advise on the complexities of this deal across multiple jurisdictions. This is yet another example that further demonstrates our capacity to navigate the challenges of a cross-border deal and deliver top-tier legal solutions for our clients”, said Marina Fecheta-Giurgica, Senior Associate at RTPR.

RTPR and A&O Shearman have been working together for many years on some of the largest and complex transactions and projects in the region and have repeatedly pooled their teams to provide services perfectly tailored to the needs of the clients on regional matters.

RTPR’s Corporate/M&A team is well known for its extended transactional experience. The most significant international legal directories Legal 500, Chambers & Partners and IFLR1000 rank the law firm in first tier in their rankings, and several of the team’s lawyers are recommended as Leading Lawyers in individual rankings in this field. Recently, RTPR was awarded “Romania Law Firm of the Year” at the Chambers Europe Awards 2024, one of the highest honours in the legal industry.

Selected corporate/M&A deals in which RTPR have recently advised are set out below:

-        MidEuropa Partners on the EUR1.3bn sale of Profi, in the largest transaction in the retail sector ever concluded in Romania
-        Global Records and Stefan Lucian, the founder and CEO of the company, in the process of selling a 25% stake in the company to Believe, one of the world’s leading digital music companies and of setting up the terms of their strategic partnership
-        Vectr Holdings, through its subsidiary Vectr Realty Holdings, on the indirect acquisition of 100% stake in the company that owns The Landmark office building
-        Intesa Sanpaolo Bank, the largest Italian bank, on the acquisition of First Bank from the American private investment fund J.C. Flowers
-        AROBS Transilvania Software, an important Romanian company that provides software services and solutions in various industries and the largest tech company listed on the Bucharest Stock Exchange, on the acquisition of Infobest Romania from the founders of the business
-        Morphosis Capital and a group of co-investors from Belgium on the acquisition of a majority stake in Mark Twain International School
-        ENGIE Romania on the acquisition of an operational wind farm with a capacity of 80MW
-        Macquarie Asset Management (MAM) on the sale of CEZ Vanzare to Premier Energy PLC, owned by the Czech private equity fund, Emma Capital
-        Orange Money Romania, part of Orange group, on the transfer of its retail business to Alpha Bank Romania
-        Romcim, part of the CRH Group, on the acquisition of Bauelemente Reinvest S.R.L. and its fully owned subsidiary, Bauelemente S.R.L., the market leader manufacturer of prefabricated reinforced and prestressed concrete in Romania
 
 

PNSA

 
 

ARTICOLE PE ACEEASI TEMA

ARTICOLE DE ACELASI AUTOR

Test
 

Ascunde Reclama
 
 

POSTEAZA UN COMENTARIU


Nume *
Email (nu va fi publicat) *
Comentariu *
Cod de securitate*







* campuri obligatorii

Posteaza comentariu

Articol 248 / 4551
 

Ascunde Reclama
 
BREAKING NEWS
ESENTIAL
PNSA, alături de ROCA Energy în achiziția unei participații de 20% în Adrem Group. Silviu Stoica (partener) și Vlad Ambrozie (managing associate), în prim plan
Bondoc & Asociații acordă asistență pentru 5 proiecte eoliene și solare în cadrul celei de-a doua licitații CfD din România | Echipa a fost coordonată de Cosmin Stăvaru (Partener), susținut de Raluca Catargiu (Senior Associate)
CMS | Join Our Team: Tax Consultant - Tax Department
CMS asistă Rezolv Energy în obținerea finanțării suplimentare de 331 milioane euro pentru parcul eolian VIFOR din România. Echipa, coordonată de Ana Radnev (Head of Banking and Finance) și Varinia Radu (Head of Energy and Projects) | Prin adoptarea în premieră a schemei de sprijin Contracte pentru Diferență, proiectul stabilește un precedent pentru viitoarele dezvoltări în domeniul energiei verzi din România
Bulboacă & Asociatii caută avocați apecializați în Drept Bancar & Finanțări | Practica Noastră de Referinţă
ITR EMEA Tax Awards 2025 | Băncilă Diaconu și Asociații, Popescu & Asociații, CMS și Schoenherr concurează pentru titlul ”Firma anului în România în domeniul taxelor”. Popescu & Asociații are două nominalizări în jurisdicția locală și este, alături de NNDKP, pe lista scurtă pentru distincția ”Firma anului în dispute fiscale”. TZA, printre finaliste în competitia pentru ”Transfer Pricing Firm of the Year”
Bulboacă & Asociatii caută un Avocat Colaborator pentru Echipa de Tranzacții de Elită (Corporate ̸ M&A)
Women Lawyers | Pentru Irina Văleanu, Counsel în cadrul firmei BACIU PARTNERS, nucleul comun de valori fundamentale a fost esențial în alegerea echipei în care se dezvoltă profesional acum: ”Reputația firmei în piața avocaturii de business din România a fost un factor decisiv, iar întâlnirea cu Ana-Maria Baciu a consolidat această alegere; am rezonat imediat, iar decizia de a colabora a venit în mod firesc”
Popovici Nițu Stoica & Asociații asistă PPC în procesul de consolidare a afacerilor din domeniul energiei regenerabile
LegiTeam: Lawyer - Dispute Resolution and Employment | GNP Guia Naghi and Partners
LegiTeam: Lawyer - Pharma & Regulatory and Public Procurement Team | GNP Guia Naghi and Partners
WTR Global Leaders 2025 | Ana-Maria Baciu (Baciu Partners), Sorina Olaru și Florina Firaru (NNDKP), Ciprian Dragomir (TZA) și Alina Tugearu (ZRVP), printre cei 17 români care au intrat în liga celor mai apreciați specialiști în domeniul mărcilor, la nivel global. Cine sunt aceștia, prin ce s-au remarcat și cum îi văd clienții
 
Citeste pe SeeNews Digital Network

  • BizBanker

  • BizLeader

      in curand...

  • SeeNews

    in curand...