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The Open Society Foundation finalises the merger with Serendinno Foundation – February 2018

August 1, 2019

The Open Society Foundation, having as object the promotion of models for the development of a society based on freedom, responsibility and respect for diversity, has finalized the merger by absorption process with the Serendinno Foundation (the former Foundation for the Inclusion and Social Cohesion), being assisted throughout the entire process by Mocanu si Asociatii.

Mocanu si Asociatii’s team involved in the project advised the Open Society Foundation throughout the entire merger process and until the effective absorption by the Serendinno Foundation. The transaction handled by Mocanu si Asociatii was a complex one, entailing, among others, the transfer of rights and obligations undertaken by the Open Society Foundation to the Serendinno Foundation and deriving from POSDRU financing agreements.