Selih & Partners has advised Coface on the acquisition of 100% shares of SID-Prva Kreditna Zavarovalnica from SID Bank, a Slovenian public bank. SID Bank was advised by Rojs, Peljhan, Prelesnik & Partners.
The acquisition of SID-Prva Kreditna Zavarovalnica, a credit insurance subsidiary of SID Bank, is now subject to usual conditions precedent including regulatory approvals, which are expected to be issued in the coming months.
Coface is a reference in credit insurance present in 200 countries. Their services also include economic studies, especially risk analyses and evaluations, as well as credit insurance complementing services, such as debt collection, factoring, business information to prevent non-payment risk, and bonds.
Selih & Partners' team was led by Partners Natasa Pipan Nahtigal and Jera Majzelj.
The Rojs, Peljhan, Prelesnik & Partners team included Partners Gregor Pajek and Matic Novak and Senior Associate Aljosa Krdzic.
Editorial Note: This article was updated to reflect the involvement of Rojs, Peljhan, Prelesnik & Partners on the deal.