Radovanovic, Stojanovic & Partners, working with Gianni & Origoni and Schindler Attorneys, has advised the shareholders of SKS365 Group on the sale of SKS365, including its Serbian subsidiaries, to the Italian Lottomatica Group. Sidley advised the Lottomatica Group.
According to RSP, "the acquisition, valued at an Enterprise Value of EUR 639 million, is subject to competition and regulatory approvals and is expected to be completed in H1 2024.”
SKS365 Group is an omnichannel operator in the Italian online and sports betting market. It currently has approximately 600,000 registered online customers, valuable brands – including Planetwin365 and PlanetPay365 – and a network of about 1,000 retail sports betting outlets.
The RSP team included Partners Sasa Stojanovic, Anja Tasic, and Nikola Cincovic, Attorneys at Law Djordje Vicic, Zivko Kovacevic, Luka Radojevic, and Isidora Grabez, and Associate Irina Petrovic.
The Schindler Attorneys team included Partners Clemens Schindler and Martin Abram, Senior Associate Daniel Kropf, and Associate Stephan Bartmann.
The Sidley team was led by Partner Ramy Wahbeh.
Editor's Note: After this article was published, Wolf Theiss announced it had advised the Lottomatica Group as well. The firm's team included Partners Markus Bruckmueller, Miroslav Stojanovic, and Aleksandar Ristic, Counsels Marijana Zejakovic, Marko Tesanovic, Vidak Kovacevic, and Harald Strahberger, Senior Associates Lukas Ploesch, Milan Novakov, Jovan Micovic, Katarina Randjelovic, Magdalena Ziembicka, Philipp Wrabetz, Pascal Gstoettner, and Katarina Mikulova, and Associates Vjera Vlahovic and Katarina Kracun.