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PLK Advokati Advises Montenegro's Daily Press and Televizija Vijesti on Sale to United Media

PLK Advokati Advises Montenegro's Daily Press and Televizija Vijesti on Sale to United Media

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PLK Advokati has advised Montenegrin media companies Daily Press and Televizija Vijesti on the sale of a 51% stake to United Media. Schoenherr reportedly advised United Media.

According to PLK Advokati, the shares not sold were “invested in the newly established companies as non-cash capital, in parallel with the acquisition deal.”

PLK Advokati’s team included Partners Djordje Kuzmanovic, Luka Prelevic, and Stefan Lucic.

The Daily Press and Televizija Vijesti in-house team was led by Aleksandar Sukiban.