Kinstellar and Linklaters have advised Barclays Bank PLC, Citigroup Global Markets Limited, and Deutsche Bank AG, London Branch, on the sale of a 7.5% stake held by CEZ in the Hungarian oil company MOL.
On January 18, 2017, CEELM reported that CPI Property Group had acquired a high quality retail portfolio, including 11 shopping centers across CEE, from CBRE Global Investors. As soon as the transaction was closed on March 29, 2017, Martin Matula, the General Counsel at CPI Property Group, agreed to share his thoughts on the deal with us.*
Kocian Solc Balastik in the Czech Republic and Wardynski & Partners in Poland have provided local assistance to global counsel Kirkland & Ellis in advising Bain Capital Private Equity on its USD 3.2 billion acquisition of the cleaning and chemicals system division ("Diversey Care") and the food hygiene and cleaning business of Sealed Air Corp.
Clifford Chance and Dentons are reporting that the EUR 650 million sale of a 265,000 square meter CEE retail portfolio by CBRE Global Investors to CPI Property Group that was initially reported in January closed on March 29, 2017, and more information has been learned about the structuring of the deal and the firms involved.
CMS has advised Spanish investment fund Azora Europa l on its sale of the Galleries Louvre office property in Prague to Redstone Real Estate. Squire Patton Boggs advised Redstone on the deal. The price was not disclosed.
Ostermann & Partners has assisted APS Holding with its acquisition of a Croatian portfolio of non-performing loans with a nominal value significantly exceeding EUR 100 million from Hrvatska Postanska Banka with the approval of the Croatian National Bank. The Hrvatska Postanska Bank was reportedly advised by Schoenherr.
A two-hour webinar, May 9, 2017, from 11am -1pm NYC time
Weinhold Legal, Divjak, Topic & Bahtijarevic, and Selih & partnerji have advised on the merger of entities within the Olympus group, as Croatia's Olympus d.o.o and Slovenia's OLYMPUS SLOVENIJA d.o.o. merged into the Czech entity, Olympus Czech Group, s.r.o., clen koncernu. The merger was registered on March 1, 2017.