28
Thu, Mar
51 New Articles

Tonucci & Partners and Wolf Theiss Advise Union Bank on ICBank Acquisition

Tonucci & Partners and Wolf Theiss Advise Union Bank on ICBank Acquisition

Albania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Tonucci & Partners advised Union Bank on the acquisition of the International Commercial Bank in Albania, and Wolf Theiss provided legal advice to Union Bank during the regulatory approval phase.

The price of the deal was not disclosed. In January, the transaction was approved by Albania's competition authority.

International Commercial Bank is a subsidiary of Swiss-based ICB Financial Group Holdings. The transaction involves 100% of the bank's voting shares.

The Wolf Theiss team consisted of Partner Sokol Nako and Associates Kristaq Profkola and Denis Selimi.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE