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Linklaters and Weil Advise on PESA Share Sale to PFR

Linklaters and Weil Advise on PESA Share Sale to PFR

Poland
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Linklaters has advised PESA Bydgoszcz, a Polish rolling stock manufacturer, on the sale of 100% of its shares to the Polish Development Fund. Weil, Gotshal & Manges advised the Polish Development Fund on the acquisition.

Under the agreement between PESA and the Polish Development Fund (PFR), PFR will invest PLN 300 million (approximately EUR 69.7 million, or USD 81 million) into PESA's operations. The transaction has been approved by the Polish Competition Authority.

The Linklaters team included Partners Marcin Schulz and Jaroslaw Miller, Managing Associates Szymon Renkiewicz, Marta Domino, and Klaudia Krolak, Senior Associate Jakub Wozniak, and Associates Ewa Szmigielska and Agata Brzozek.

The Weil Warsaw team included Co-Managing Partner Pawel Zdort, Partners Marcin Iwaniszyn, Iwona Her, and Robert Krasnodebski, Counsels Zofia Frydrychowicz, Monika Kierepa, and Magdalena Pyzik, Senior Associate Marek Kanczew and Jakub Zagrajek, and Associates Michal Milewski, Barbara Skardzinska, Jerzy Bombczynski, Irmina Trybalska, Leszek Cyganiewicz, Kamil Kozłowski, Franciszek Dewille, Tomasz Karkowski, Kacper Stanosz, Pawel Mazur and Jakub Czerka.

Editor's Note: The article has been updated with the correct names of the lawyers involved.