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JPM and Baklaja Igric Tintor Advise on Merkur Casino Austria Acquisition of Majority Stakes in Beo Impera and Pionir Internacional

JPM and Baklaja Igric Tintor Advise on Merkur Casino Austria Acquisition of Majority Stakes in Beo Impera and Pionir Internacional


JPM has advised Gauselmann Group on the acquisition by subsidiary Merkur Casino Austria of 51% shares in Beo Impera and Pionir Internacional, which each own 50% shares in Balkan Bet and Merkur Games. The Baklaja Igric Tintor firm advised the sellers.

The Gauselamm Group, which has more than 250 entertainment centers located in eight European countries operating under the Casino Merkur-Spielothek brand, specializes in the entertainment/games of chance businesses, in addition to its other lines of business.

JPM advised the three parties in the two transactions on what it describes as "the complex notification structures for the three mergers, resulting from the acquisition of joint control over Beo Impera, Pionir Internacional, Merkur Games and indirectly over Balkan Bet, and all three were unconditionally approved by the Commission for Protection of Competition in May and June 2017."

The JPM team was led by Senior Partner Nenad Popovic and Partners Jelena Stankovic and Nikola Poznanovic, with Poznanovic also advising the Gauselmann Group regarding the applications for merger approval with the Commission for Protection of Competition.

The Baklaja Igric Tintor team was led by Partner Dorde Igric.

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Karanović & Nikolić is a leading international legal practice in South East Europe that offers unrivalled regional and sector specific coverage to investors. As a market leading practice, our dedication, quality legal service, and in-depth understanding of the needs of our clients stands out as a differentiating factor. With over 100 advisors across the region, our original values remain an integral part of our philosophy and approach to client work. Karanović & Nikolić has been involved in many of the largest and most complex transactions in the region and we take pride in our reputation as a regional transactional and corporate/commercial legal powerhouse.

Because we have an active business presence in Bosnia & Herzegovina, Croatia, Macedonia, Montenegro, Serbia and Slovenia, we operate seamlessly across all of these jurisdictions, providing regional services to our clients, while taking into consideration local particularities in order to provide the best legal advice under competitive terms. Renowned for the quality of our lawyers and our commercial approach to solving problems, Karanović & Nikolić advises many of the leading companies, banks, investors and government institutions doing business in the SEE region.

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Firm's website: https://www.karanovic-nikolic.com/


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