Mergers and Acquisitions | 06 July 2018

A considerable number of buildings in Romania operate without a fire safety permit. While this has been treated in the past as a minor issue, a night club fire in 2015 changed both the approach of the authorities and public perception. Currently, M&A buyers are reluctant to acquire facilities that do not hold a fire safety permit. However, the regulatory risk is not as high as usually perceived and there are options to mitigate it without derailing an M&A deal. [Continue Reading]