Filip & Company Law Firm provided legal assistance to One United Properties on the initial public offering of shares (IPO) amounting to more than RON 250 million, the largest offering of an issuer in the last four years and one of the largest in the history of the offerings conducted in Romania.
The initial public offering for the listing of the shares on the Main Market of the Bucharest Stock Exchange took place between 22 June and 2 July. The developer completed the IPO with an expected capitalization amounting to RON 2.86 billion (over EUR 580 million). One United Properties thus becomes the third largest Romanian entrepreneurial company listed on the Bucharest Stock Exchange.
“One United is one of the most dynamic companies and is a business that has redefined its sector in Romania. Its founders, Victor Căpitanu and Andrei Diaconescu, are leaders with a vision of transformation, growth, and continuous improvement and who know how to surround themselves with an excellent team. One United is made for the capital market, and it is wonderful that our market has reached the moment when such businesses are naturally found on the stock market. The size of the offer and the speed of execution show once again the growth of the market, and the addition of such a sector leader and large entrepreneurial company is good news for investors. I am glad that we had once again the opportunity to help achieve a record IPO and we are grateful for the trust placed in us in this important project and for the excellent collaboration”, declared Alexandru Bîrsan, partner and coordinator of the M&A and capital markets department of Filip & Company.
Filip & Company team who assisted One United on this project was coordinated by Alexandru Bîrsan (partner), Olga Niță (partner) and Ioana Roman (partner) and included Roxana Diaconu (senior associate), Anca Bădescu (associate), Andrei Konya (associate), Rareș Crîșmaru (associate) and Daria Olteanu (associate).