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Schoenherr Advises Raiffeisen Bank International AG and Raiffeisenbank a.s. on Acquisition of Akcenta

Schoenherr Advises Raiffeisen Bank International AG and Raiffeisenbank a.s. on Acquisition of Akcenta

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Schoenherr has advised Raiffeisen Bank International AG and Raiffeisenbank a.s. on the acquisition of Akcenta CZ a.s., a CEE/SEE provider of FX and payment services to European SMEs and high net worth individuals, from Akcenta Group SE and Milan Lacina. Tarpan Legal advised the sellers on the transaction, which remains contingent on regulatory approval.

According to Schoenherr, “the acquisition will allow Raiffeisenbank to provide instant/short time window payment services, including cross-border payment and FX speculative trades. Akcenta CZ a.s. will work closely with Raiffeisenbank’s foreign exchange and payment transaction unit, but will not be fully integrated into Raiffeisenbank.”

Schoenherr’s team was led by Partner Vladimir Cizek and Attorney Michal Jendzelovsky and included Attorneys Rudolf Bicek, Eva Bajakova, Claudia Bock, Viktor Pakosta, Matej Sarapatka, and Marie Gremillot and Associate Jachym Bem.

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