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Boyanov & Co. and Freshfields Advise National Bank of Greece on Sale of United Bulgarian Bank and Interlease to KBC

Boyanov & Co. and Freshfields Advise National Bank of Greece on Sale of United Bulgarian Bank and Interlease to KBC

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Boyanov & Co., working alongside Freshfields, is reporting that it advised the National Bank of Greece on its EUR 610 million sale of United Bulgarian Bank and Interlease to KBC, and that the deal closed on June 13, 2017.

As previously reported, Kinstellar advised the KBC Group on the deal.

According to Boyanov & Co, "the complexity of transactions involved the consolidation within the UBB group and the indirect acquisition by KBC of the insurance, insurance brokerage, asset management, leasing and factoring businesses, as well as loan investments of NBG Group in Bulgaria."

The Boyanov team was led by Senior Counsel Svetlina Kortenska and Associate Ilina Maltzeva.

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