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Greenberg Traurig and Krassowski Advise on CCC's Buyout of Minority Stakes in Modivo

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Greenberg Traurig has advised CCC on an agreement to acquire a minority stake in Modivo. Krassowski advised Modivo's minority shareholder Orion 47 Damian Zaplata on the sale.

According to Greenberg Traurig, the transaction involves CCC purchasing a 22.81% stake in Modivo for a total valuation of approximately PLN 1.41 billion. Under the conditional agreements, CCC will pay a purchase price of PLN 1.36 billion from the planned issue of up to 10 million shares, with an additional PLN 50 million to be paid via subscription warrants.

The Greenberg Traurig team included Partner Rafal Sienski, Local Partner Mateusz Zalenski, Senior Associate Grzegorz Socha, and Associate Kamil Nagawski.

The Krassowski team included Partner Krzysztof Makosz and Associate Julian Kwiatkowski.

Editor's Note: After this article was published, CMS announced that it advised A&R Investments Limited on the sale of a minority stake in Modivo to CCC. The firm's team included Partner Ryszard Manteuffel, Counsel Robert Semczuk, and Associate Lukasz Duchinski.

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