The latest edition of the International Comparative Legal Guide – Mergers & Acquisitions 2025 features a detailed chapter on Romania, authored by our colleagues Cristina Gavrila and Alexandru Pruteanu.

This chapter provides a comprehensive and structured overview of the M&A landscape in Romania, exploring the key applicable laws and regulations, market conditions, and other essential considerations for this type of transactions.

In this chapter, our colleagues answer a range of key questions concerning the specific legal environment in Romania, including the alternative means of acquisitions, key steps in the process, disclosure requirements, and the roles of various stakeholders. Moreover, they delve into hot topics such as the impact of foreign buyers on M&A transactions, and the FDI screening regime.

Furthermore, the guide offers insights in areas of high interest in a transaction, such as deal protection, bidder protections, and target defences against change of control. It also highlights the legal and strategic factors that affect the success of M&A transactions in Romania.

For an understanding of Romania’s M&A practices and regulations, we invite you to explore the full guide in the ICLG – Mergers & Acquisitions 2025 – Romania section HERE.