Motieka & Audzevicius has advised the shareholders of Bendrosios Medicinos Praktika on the sale of the hospital to the CGP Management holding company which controls the Camelia pharmacy chain Camelia. Magnusson & Partners advised the buyers on the deal.
Hogan Lovells has advised Arcus Infrastructure Partners on the acquisition of an 85% stake in the Gdansk Transport Company S.A., a special purpose company set up in 1996 to pursue the DBFMO project for the northern section of the AmberOne A1 motorway concession in Poland. The acquisition was a multi-step transaction, involving Arcus's acquisition of NDI Autostrada sp. z o.o. (NDIA), which owns a 25.31% stake in GTC, from Grupa NDI and Transport Infrastructure Investment Company (TIIC). As part of the acquisition, NDIA also exercised its right of first refusal on A1 Invest AB Skanska’s 30% stake and on John Laing Infrastructure Limited's 29.7% interest in GTC, taking NDIA’s ownership in GTC to 85%, with Intertoll Europe retaining the residual 15% shareholding and remaining the operator of the A1 motorway. Norton Rose Fulbright advised Grupa NDI and TIIC, CMS advised John Liang, and DLA Piper advised Skanska.
Aequo’s Tax Disputes team has successfully defended the interests of Zara in a tax dispute before the Kyiv Administrative Court of Appeal. The case concerned the refusal by the Ukrainian tax authority to credit the amounts of advance corporate profit tax paid by the company upon the distribution of dividends towards its current corporate profit tax liabilities.
Taylor Wessing Prague has advised Hectas Facility Services Stiftung & Co. KG, from Germany, on the disposal of its subsidiary Hectas Facility Services, s.r.o., which supplies cleaning and technical services in the Czech Republic, to Ostrava-based MW-Dias, a.s. Ostrava's Zachveja & Partneri firm advised the buyers.
The Court of Appeal of Lithuania has granted the appeal of Fort's Vilnius office and has decided that the court of first instance increased the risk of different court decisions arising from similar circumstances by obliging 212 investors of the bankrupt Snoras bank to submit 212 separate claims instead of one joint claim.
Cobalt has advised the shareholders of UAB Sekargas Ir Kompanija — a Lithuanian provider of cargo supervision and quality inspection services — on the sale of 70 percent of the company’s shares to J.S. Hamilton Poland S.A. Tark Grunte Sutkiene advised J.S. Hamilton Poland on the transaction, which closed in February following clearance by Lithuania's Competition Council and Commission for Approval of Conformity of Potential Participants to National Security Interests. The value of the transaction was not disclosed.
Holman Fenwick Willan and Zivkovic Samardzic have advised Serbian industrial conglomerate MK Group on the proposed acquisition by its subsidiary AIK Banka of Alpha Bank A.E.'s Serbian subsidiary. Alpha Bank was advised by White & Case and Drazic, Beatovic & Stojic on the transaction. Financial details were not disclosed.
CMS has advised Invesco Real Estate on the EUR 70 million purchase of Wawel Holding Sp z o.o., the company owning the Sheraton Grand Krakow Hotel. DZP advised Algonquin, a pan-European hotel investor and operator, on the transaction, which closed on February 28, 2017.
BDK Advokati and Dentons have advised Expobank CZ A.S. on the acquisition of 100% of shares in Marfin Bank A.D. Beograd from Cyprus Popular Bank Public Co Ltd. Moravcevic Vojnovic and Partners in cooperation with Schoenherr, working alongside Linklaters, advised Bank of Cyprus Public Company Limited on the restructuring of receivables against Marfin Bank which facilitated the sale.
After an application brought by Zivkovic Samardzic on behalf of Serbian commercial television network Prva, the Commercial Court in Belgrade has granted an interim injunction against the Pink International Company, the parent company of the Pink TV network in Serbia and a member of the regional Pink Media Group.