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KSB Advises J&T Arch Investments on Acquisition of Minority Stake in Moneta Money Bank

KSB Advises J&T Arch Investments on Acquisition of Minority Stake in Moneta Money Bank

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Kocian Solc Balastik has advised J&T Arch Investments on its acquisition of a minority stake in the Moneta Money Bank from Petrus Advisers. Dechert reportedly advised the sellers.

"The fund already purchased 8.89% from Petrus Advisers in July," KSB reported. "The second stage of the transaction and the acquisition of another 1.1% stake was completed on December 23, 2022. The fund has received approval from the Czech National Bank to acquire up to 19.99%."

Moneta Money Bank is a Czech bank.

The J&T Arch Investments fund is the J&T Group’s investment platform.

Petrus Advisers is a London-based investment manager.

The KSB team was led by Partner Jan Lasak and included Partners Martin Krejci and Vlastimil Pihera and Lawyers Josef Kriz and Matus Kovacic.

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