Kinstellar has advised Hungary-based financial group OTP Bank on the sale of its 99.44% stake in its Slovak operations to Belgium's KBC Group.
The transaction — which Kinstellar describes as historically one of the few deals involving the sale of a fully-functioning Slovak bank — remains subject to regulatory approval in Slovakia and Belgium.
The Kinstellar team was led by Budapest-based Partner Gabor Gelencser, working with Budapest-based Barnabas Sagi and, in Bratislava, Managing Associate Tomas Melisek, Senior Associates Dominika Bajzathova, Dasa Labasova, and Norbert Stilla, and Junior Associates Livia Miklencicova, Matus Kocisek, Erik Neupaver, and Stefan Sedlak.
