JPM has advised Gauselmann Group on the acquisition by subsidiary Merkur Casino Austria of 51% shares in Beo Impera and Pionir Internacional, which each own 50% shares in Balkan Bet and Merkur Games. The Baklaja Igric Tintor firm advised the sellers.
The Gauselamm Group, which has more than 250 entertainment centers located in eight European countries operating under the Casino Merkur-Spielothek brand, specializes in the entertainment/games of chance businesses, in addition to its other lines of business.
JPM advised the three parties in the two transactions on what it describes as "the complex notification structures for the three mergers, resulting from the acquisition of joint control over Beo Impera, Pionir Internacional, Merkur Games and indirectly over Balkan Bet, and all three were unconditionally approved by the Commission for Protection of Competition in May and June 2017."
The JPM team was led by Senior Partner Nenad Popovic and Partners Jelena Stankovic and Nikola Poznanovic, with Poznanovic also advising the Gauselmann Group regarding the applications for merger approval with the Commission for Protection of Competition.
The Baklaja Igric Tintor team was led by Partner Dorde Igric.