Sayenko Kharenko has advised the Bergner group, a European manufacturer of houseware, on the acquisition of a majority interest in an unidentified Ukrainian distribution company, and on the establishment of a joint venture with an unidentified local partner aimed at developing the distribution network for Bergner products in Ukraine.
Glimstedt has advised AB Grigeo and UAB Grigeo Investiciju Valdymas on an investment and shareholders agreement regarding a EUR 30 million investment into the companies by UAB BSGF Salvus, a subsidiary of the INVL Baltic Sea Growth Fund private equity fund.
The EU Shareholder Rights Directive II (2017/828) (SRD II), amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, must be transposed into national law by 10 June 2019.
“It has been busy in the business arena,” says Marko Ketler, Senior Partner and Attorney at Law in cooperation with Karanovic & Partners, citing ongoing consolidation in banking sector with the potential sale of Abanka, the third largest bank in Slovenia, and recent major M&A transactions, including the sale of Intereuropa, the largest Slovenian logistics company, to Posta Slovenije. "We can expect a busy summer with several large M&A deals pending."
Romanian lawyer Alina Stavaru has been promoted to Partner at RTPR Allen & Overy.
Voinescu Lawyers has recently entered into an alliance with Lexquire Tax & Law.
CMS Sofia has successfully represented CEZ in an administrative procedure against a regulatory decision from the Energy and Water Regulatory Commission on set prices for electricity sales in Bulgaria.