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CMS and Havel & Partners Advise on AnaCap’s Sale of Equa Bank to Raiffeisen

CMS and Havel & Partners Advise on AnaCap’s Sale of Equa Bank to Raiffeisen

Czech Republic
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CMS has advised AnaCap Financial Partners on its sale of the Equa Bank to Raiffeisen Bank International, acting through its Czech subsidiary. Havel & Partners and Linklaters advised the buyer on the deal.

Financial details of the transaction were not disclosed.

AnaCap Financial Partners is a London-based privately held investor in the financial services sector. Since its establishment in 2005, AnaCap has raised more than EUR 4.5 billion in Capital.

Equa Bank is a Czech full-service bank that primarily focuses on private individuals and SME businesses.

The CMS team was led by UK Partner Dipesh Santilale and included Partner Paul Edmondson, Senior Associate Jamie Burgess, and Associate Jennifer Ross, and Prague-based Managing Partner Helen Rodwell, Counsel Patrik Przyhoda, Senior Associate Lukas Valusek, and Associate Stepan Havranek.

The Havel & Partners team consisted of Partner Jan Koval and Counsel Petr Dohnal. 

Editor's Note: After this article was published, PRK Partners informed us that it had advised Equa Bank and its management in connection with the sale. The firm's team was led by Partner Radan Kubr, working with Attorney at Law Milan Sivy. According to PRK Partners, "the settlement of the transaction is conditional on satisfaction of usual conditions precedent, including obtaining requisite regulatory approvals."

Subsequently, Havel & Partners informed CEE Legal Matters that on April 13, 2021, the Czech Competition Authority granted its approval for the acquisition. Havel & Partners assisted Raiffeisenbank a.s. with this stage of the transaction as well.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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