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White & Case and Bondoc & Asociatii Advise Waterland on Acquisition of Majority Stake in Kredyt Inkaso

White & Case and Bondoc & Asociatii Advise Waterland on Acquisition of Majority Stake in Kredyt Inkaso

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White & Case has advised Waterland Private Equity Investments B.V. on its acquisition of 61.16% of the shares in Kredyt Inkaso S.A. from its current shareholders.

In the course of the tender offer announced at the end of July, the company from the Waterland group acquired 7,911,380 shares in Kredyt Inkaso and became the biggest investor in this debt collection company. Subscriptions were accepted in the period from August 16 to 29. In accordance with the announced conditions, the offeror undertook to acquire shares if over 60% of the Kredyt Inkaso shares were subscribed for and when the offeror obtained permits from the appropriate antimonopoly authorities. The conditions of the offer were met before its closing date.

This was the first investment of Waterland in Poland and its largest investment in this part of Europe.

White & Case was responsible for, among others, conducting a due diligence analysis of Kredyt Inkaso and several of its subsidiaries, including in Romania, Bulgaria, Russia and Luxembourg, preparing the text of the offer, and obtaining permissions from antimonopoly authorities in Poland and Russia.

The White & Case team was led by Partners Marcin Studniarek, Andrzej Sutkowski, and Aneta Hajska. The team also included Counsel Jakub Gubanski and Grzegorz Jukiel and Associates Jacek Polewski, Monika Duzynska, Klaudia Malczewska, Iwo Malobecki, Małgorzata Mroczek and Michal Plich from the firm's Warsaw and White & Case offices.

Bondoc & Asociatii assisted White & Case with Romanian matters.

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AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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