Banca Transilvania S.A. (BVB:TLV) agreed to acquire Tiriac Leasing SA from Hyundai Auto Romania Srl, Tiriac Holdings Ltd. and Molesey Holdings Limited on January 14, 2022. The Board of Directors of Banca Transilvania S.A. has approved the transaction. The transaction is subject to obtaining all the necessary approvals from the competent authorities.

PwC acted as financial advisor while D&B David si Baias acted as legal advisor for Banca Transilvania and Tiriac Leasing in the transaction. Filip & Company served as legal advisor for Tiriac Group.