CMS has advised Slovakia-based Arca Capital Group on its acquisition of a 61.37% interest in Wiener Privatbank SE from majority shareholders Gunter Kerbler and Johann Kowar, who were reportedly advised by DSC Doralt Seist Csoklich Rechtsanwalte.
The sales contract is subject to several conditions precedent, such as approval or non-prohibition of the transaction by the competent competition authorities and the approval or non-prohibition by the Austrian Financial Market Authority. Closing is expected in June 2018.
CMS's team included Managing Partner Peter Huber, Partner Dieter Zandler, and Attorneys-at-Law Oliver Werner, Lisa Oberlechner, and Lena Winkler, and associate Ulrich Weinstich.
The DSC Doralt Seist Csoklich Rechtsanwalte team was led by Partners Christoph Diregger and Ulrich Edelmann.