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DLA Piper and Schoenherr Advise on ZIP's Acquisitions of Spotii and Twisto

DLA Piper and Schoenherr Advise on ZIP's Acquisitions of Spotii and Twisto

Czech Republic
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DLA Piper has advised digital retail finance and payments company Zip Co Ltd on the conditional acquisition of the remaining 78% of the Spotii and 90% of the Twisto buy-now, pay-later payment platforms. Schoenherr advised Twisto on the deal.

The share acquisition follows Zip Co's initial purchase of 22% of Spotii in December of 2019 and 10% of Twisto in the fourth quarter of 2020 and the first half of 2021 (as reported by CEE Legal Matters on January 25, 2021). 

DLA Piper’s team in Prague included Managing Partner Miroslav Dubovsky and Associate Marcel Janicek.

Schoenherr's team was led by Partner Robert Bachner and included Partners Thomas Kulnigg and Vladimir Cizek, Attorney Jiri Marek, and Associate Alexander Grubera. 


DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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