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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.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu