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DTB and Madirazza and Partners Advise on United Group's Acquisition of Majority Stake in Optima Telekom

DTB and Madirazza and Partners Advise on United Group's Acquisition of Majority Stake in Optima Telekom

Croatia
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Divjak, Topic, Bahtijarevic & Krka has advised the United Group on the acquisition of a majority stake in Optima Telekom from Hrvatski Telekom and Zagrebacka Banka. Madirazza and Partners advised Hrvatski Telekom and Zagrebacka Banka.

According to United Group, it is buying a 17.41% stake in Optima from Hrvatski Telekom and a 36.90% interest from Zagrebacka Banka. The transaction is pending regulatory approval.

Optima Telekom offers a range of fixed internet and pay-TV services and serves around 125,000 broadband subscribers and 55,000 pay-TV customers.

United Group is a telecommunications and media services provider in Southeast Europe, operating in Croatia under the Telemach brand.

DTB's team included Senior Partners Damir Topic and Mario Krka, Lawyers Dina Salapic, Ema Mendjusic Skugor, Olena Manuilenko, Jasna Belcic, Iva Crnogorac, and Dominik Glavina, and Trainees Antonia Mihaljevic, Iva Vukoja, Ana-Maria Sunko, Barbara Simic, and Petar Zubic.

Madirazza and Partners' team included Managing Partner Josip Madirazza and Partners Marinka Kovacic and Morana Herak.