AP Legal has advised Banka Postanska Stedionica a.d. Beograd on the acquisition of 100% share capital of Komercijalna Banka a.d. Banja Luka from Komercijalna Banka a.d. Beograd, a member of NLB Group. Kinstellar and Sajic advised the sellers on the deal.
The closing of the transaction, which is subject to customary regulatory and competition clearances, is expected by March 31, 2022.
Earlier this year, Sajic and Kinstellar have advised NLB Bank on the takeover of Komercijalna Banka Beograd (as reported by CEE Legal Matters on January 21, 2021).
AP Legal’s team was led by Partner Aleksandar Preradovic with the support of Senior Associates Jovan Cirkovic and Dusan Preradovic and Consultant Maja Stojiljkovic.
Kinstellar's team was led by Special Counsel Denise Hamer and Managing Partner Branislav Maric and included Managing Associate Nikola Stojiljkovic and Associate Jelena Tripkovic.