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JPM and BD2P Advise on C.D Holding Internationale's Acquisition of Additional Stake in Emergo Sport

JPM and BD2P Advise on C.D Holding Internationale's Acquisition of Additional Stake in Emergo Sport

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Jankovic Popovic Mitic has advised French multinational company C.D Holding Internationale SAS on its EUR 5 million acquisition of an additional stake in Emergo Sport d.o.o., the Serbian subsidiary of Fitpass Limited. Fitpass was advised by Bojovic, Draskovic, Popovic, and Partners. 

Emergo Sport provides services to corporate entities and retail individuals of issuance, sale, and operation of a multi-gym/sport activities membership card, enabling access to sports facilities in Serbia. 

C.D Holding Internationale's acquisition of a stake in Emergo Spot was its second, following its initial acquisition last year (as reported by CEE Legal Matters on August 16, 2019). As a result of the recent deal, C.D Holding Internationale SAS currently holds 49% ownership over the company.

JPM's team included Partner Nikola Poznanovic and Senior Associate Anja Sakan.

BD2P's team consisted of Partner Vuk Draskovic and Senior Associate Milica Pesteric.

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