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JPM and BDK Advokati Advise on Sale of Merkur Gaming Slots Shares

Serbia
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Jankovic Popovic Mitic has advised Adp Gauselmann GmbH, a member of the Gauselmann Group, on the sale of 49% of shares in its Serbian subsidiary, Merkur Gaming Slots d.o.o., to Aleksandar Jojic. BDK Advokati advised Jojic, a minority shareholder of Balkan Bet, on the acquisition.

The deal closed on September 10, 2018 following the approval of the Serbian Competition Commission. According to BDK Advokati, this acquisition is a final step in the global transaction between Jojic and Adp Gauselmann GmbH in which Merkur Gamig Slots also acquired 51% of the share capital of Balkan Bet from Jojic .

The Gauselmann Group has more than 250 entertainment centers in eight European countries operating under the Casino Merkur-Spielothek brand.

Merkur Gaming Slots offers land-based gaming products like games, slot cabinets, and progressive jackpots systems. Balkan Bet is a bet-shop in Serbia.

JPM also advised the three parties on merger approval aspects of the transactions.

The JPM team consisted of Partners Jelena Stankovic and Nikola Poznanovic and Senior Associates Anja Sakan and Bojana Javoric.

BDK Advokati’s team was led by Senior Partner Vladimir Dasic, assisted by Associate Jelena Zelenbaba.

 

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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