Mușat & Asociații advises Google on its $2.1 billion acquisition of smart health wearables company Fitbit

20 January 2021

Musat & Asociatii advised tech giant Google LLC (Google) on all Romanian legal aspects of its acquisition of Fitbit for a total equity value of approximately USD 2.1 billion.

Founded 13 years ago, Fitbit is currently one of the leading producers of smart health and fitness wearable devices, with more than 29 million active users worldwide and 120 million devices sold in over 100 countries.

The transaction was announced on November 1, 2019 and completed on January 14, 2021, following a 15-month antitrust review process.

“This transaction was highly complex and we are happy to have been part of the team of lawyers who assisted Google in this project”, comments Monia Dobrescu, Partner.

The identity of an economic entity within a business transfer in the light of Directive 2001/23 and CJEU practice

17 September 2024

Gambling operation in the current context. How to find the balance between budgetary optimization, social protection and economic freedom for organizers?

25 June 2024

Mușat & Asociații team won an important dispute against CNAS for a client in the pharmaceutical industry regarding the application of the legislation on the calculation of the clawback tax

05 June 2024

Mușat & Asociații advised Tecadra Hotels on the affiliation of the hotel in the northern part of Bucharest to Accor Group

31 January 2024

Mușat & Asociații advised Tecadra Hotels on the partnership with Accor Group, a world leader in hospitality, for the complete transformation and expansion of the Tecadra Hotel, located in the northern part of Bucharest.

Mușat & Asociații advised Naxxar Renewable Energy on the sale of 60% of Naxxar Wind Farm Four to the Polish group Polenergia

10 October 2023

Mușat & Asociații advised Naxxar Renewable Energy on the signing of a conditional agreement for the sale of a 60% stake in Naxxar Wind Farm Four SRL (NWF4 – the project company) to Polenergia, the largest private energy group on the Polish market.

Smart teleworking – Guidelines to obtain cost efficiency and active risk management

21 August 2023

The former classic (to be read “rigid”) system where performance of work is accomplished in just a single physical workspace for all employees is already starting to fade away, due to its declining economic benefit and its missing opportunity of enjoying a great variety of services offered in modern society (set aside by the consuming action of moving from home to the workplace and vice versa).

Adesgo closes the sale of business related to the manufacturing, marketing and selling of seamless apparel, advised by Musat & Asociatii

03 August 2023

Musat & Asociatii advised Adesgo SA, the biggest producer of seamless underclothing in Romania in connection with the sale of its business related to the manufacturing, marketing and selling of seamless apparel to Tefron Europe...

Musat & Asociatii advised Geely on the Romanian legal aspects of the strategic joint venture agreement with Renault Group to launch leading powertrain technology company

24 July 2023

Musat & Asociatii advised Geely Holding Group and Geely Automobile Holdings Limited (collectively referred to above as “Geely”) on the Romanian legal aspects of a binding 50/50 joint venture agreement with Renault Group...