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Baker McKenzie has advised Kelag on the acquisition of 25 power plants in France and Portugal from the RWE Group. Local expertise for Portugal was provided by the Portuguese law firm Abreu Advogados, while the Dusseldorf office of Clifford Chance advised the RWE Group on the deal.

Paksoy has provided local Turkish assistance to lead counsel Hogan Lovells in advising pharmaceutical supply chain company AmerisourceBergen on the acquisition of the pharmaceutical wholesale business of Walgreens Boots Alliance in several countries, as well as select parts of its international retail pharmacy business, for approximately USD 6.5 billion.

Clifford Chance and Switzerland's Lenz & Staehelin have advised the KKCG AG investment company and pan-European lottery operator the Sazka Group on the EUR 500 million investment into the Sazka by funds managed by affiliates of Apollo Global Management. Baker McKenzie advised Apollo.

The Warsaw office of Baker McKenzie has advised Troax on its acquisition of Natom Logistic, a Polish-headquartered manufacturer of warehouse equipment in Europe. KPMG Law reportedly advised the seller, Natom Logistic founder Tomasz Swiatek, on the transaction.

DLA Piper has advised Mid Europa Partners on the acquisition of a majority stake in GWD Concept Displate from its founders, Credo Ventures, and Miton Capital. Baker McKenzie advised the sellers on the transaction, which is expected to close before the end of the year.

Baker McKenzie’s London office and The Esin Attorney Partnership in Istanbul have advised joint global coordinators Bank of America and J.P. Morgan, joint lead manager HSBC, and co-managers Radobank and Renaissance Capital on Ulker Biskuvi Sanayi's issuance of USD 650 million Eurobonds due 2025. White & Case advised the issuer on the deal.

The amendment to the Act on the Control of Certain Investments (the “Act”) that came into effect on July 24, 2020 has vested the President of the Office of Competition and Consumer Protection – the UOKIK – with broad new powers. The new rules are temporary and will be in force for 24 months. On July 21, 2020, the UOKIK issued 50-page long, detailed procedural guidelines, which unfortunately are not available in English.

Baker McKenzie has advised PJSC Koks on the issuance of new Eurobonds by subsidiary IMH Capital and a cash tender offer together with an exit consent solicitation to the holders of USD 500 million notes due 2022 issued by Koks Finance, another subsidiary of PJSC Koks.

Despite some political and legal debates between Hungary and the European Union, Baker McKenzie Partner Marton Horanyi, who also co-heads the firm’s Antitrust and Competition practice group in Hungary, says, “not much out of the ordinary” is going on, politically. “In fact, investors in Hungary appreciate that things have been rather stable now for the past few years.”

The conflict in the east of the country that began in 2014 is not the only thing plaguing Ukraine. After the fall of the pro-Russian regime in the wake of the Euromaidan revolution, the independent National Anti-Corruption Bureau of Ukraine was established to tackle the issue of corruption in the country.

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