Wolf Theiss has advised PGE Polska Grupa Energetyczna S.A., a state-owned power company listed on the Warsaw Stock Exchange and one of the largest power producers in Poland, on the sale of 100% of the shares of Exatel S.A. to the Polish State Treasury. The transaction value was approximately EUR 87 million.
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.
Kochanski Zieba & Partners has advised Echo Polska Properties on its acquisition, made along with Echo Investment S.A., of the Galeria Mlociny shopping center in northern Warsaw currently under construction. Weil Gotshal & Manges advised Echo Investment on the deal, while Greenberg Traurig advised the seller, Rosehill Investments. The purchase price is approximately EUR 42 million.
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.
Greenberg Traurig is announcing that it advised Anheuser-Busch InBev on the Polish aspects of the sale to Japanese brewer Asahi Group Holdings, Ltd. of the businesses that prior to its combination with AB InBev were owned by SABMiller plc in Central and Eastern Europe. Similarly, Suciu Popa is announcing that it advised SAB Miller on the sale of its Romanian businesses.
Chajec, Don-Siemion & Zyto has advised Capital Partners Investment Fund on a loan provided to IPOS S.A., a Polish provider of IT solutions. GSW Legal Grabarek, Szalc i Wspolnicy — a member of Grata International — advised iPOS on the deal. Proceeds from the loan are to be converted into the company’s share capital through the investor’s exercise of rights under subscription warrants.
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SPCG has persuaded the Court of Appeal in Warsaw to deny the appeal by the President of the Office of Competition and Consumer Protection (UOKIK) of a lower court's ruling reversing his determination that T-Mobile Polska S.A. had participated in an agreement with three other telecommunication operators to restrict competition.