Nedelka Kubac Advokati has advised Slovenska sporitelna, VUB, Tatra banka, CSOB, and 365.bank on receiving European Commission approval for a joint venture between the five banks.
The transaction was approved by the EC in the first phase.
According to the firm, "the joint venture will be active in the provision of cash processing services also beyond the banking sector." NKA also stated that "in terms of the complexity of the market impact assessment, this was one of the most complex Slovak transactions ever notified to the European Commission in the history of Slovak competition law."
