In April 2024, Karanovic & Partners announced that DS Smith's acquisition of Bosis (reported by CEE Legal Matters on August 4, 2023) had closed.
BASEAK, Ciftci Attorney Partnership, and Unsal Advise on Ikas' USD 20 Million Series A Round
Dentons' Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised Ikas on its USD 20 million Series A funding round led by the IFC and the Re-Pie Asset Management Company. Clifford Chance Turkish affiliate Ciftci Attorney Partnership advised the IFC. Unsal advised Re-Pie.
Law on Corporate Governance of State-Owned Enterprises Introduced
On 8 March 2024, Law of Ukraine No. 3587-IX (“Law”) came into force, intending to bring Ukrainian laws on the governance of state-owned enterprises (state unitary enterprises and business entities where the state holds more than 50% of shares) (“SOEs”) in line with the OECD Guidelines on Corporate Governance of State-Owned Enterprises.
Wolf Theiss and DLA Piper Advise on Sale of Fundamenta-Lakaskassza to MBH Bank
Wolf Theiss, working with Gleiss Lutz, has advised Bausparkasse Schwaebisch Hall, Wuestenrot & Wuerttembergische, and Bausparkasse Wuestenrot on their sale of a 76.35% participation in Fundamenta-Lakaskassza to MBH Bank. DLA Piper advised MBH Bank.
Turunc Advises Wellbees on Bridge Financing Round
Turunc has advised Wellbees on its bridge financing round led by Sabanci Ventures and including 212, Enocta, and angel investors.
Closing: Borealis' Acquisition of Integra Plastics Now Closed
Boyanov & Co recently announced that Borealis' acquisition of Integra Plastics (reported by CEE Legal Matters on December 8, 2023) had closed on March 29, 2024.
Closing: Waberer’s Acquisition of MDI Now Closed
On April 1, 2024, BDK Advokati announced that Waberer’s acquisition of MDI (reported by CEE Legal Matters on October 16, 2023) had closed.