JSK has advised KKCG on a transfer of shares in SAZKA Group entities between it and EMMA Capital.
The KKCG Group now holds 100% of the shares in Sazka in the Czech Republic, 32.5% of the shares in Italy's LOTTOITALIA, 38.2% of Casinos Austria, and a 33% share in Greece's OPAP. The transaction included the transfer of a 67% share in Croatia's SuperSport to the EMMA Group.
Sazka Group founders Karel Komarek (KKCG) and Jiri Smejc (EMMA Capital) agreed on the division in March 2019, and following the approval by regulatory authorities in counties where the SAZKA Group conducts business, the transaction has now closed.
The JSK team advising KKCG was led by Partner Tomas Dolezil and included Senior Associate Helena Hailichova and Junior Associate Tomas Benes.