Dorda, working with Roschier, has advised European growth investor Sprints on its partnership with Styria Media Group to acquire all of Adevinta’s shares in Willhaben. Freshfields advised Adevinta. E+H advised Styria Media Group.
Reverse Transfer of a Business Share in a Slovak Limited Liability Company
The transfer of a business share is a routine process in corporate transactions. A share purchase agreement (SPA) must be in writing with notarized signatures. The transfer becomes effective upon the company's receipt of the SPA unless a later date is specified. However, if required by law or the memorandum of association (MoA), it cannot take effect before the general meeting grants approval. Each transfer must also be registered in the Slovak Commercial Register (“Commercial Register”). In practice, complications may arise when one party withdraws from an SPA.
Gessel Advises Enterprise Investors on Acquisition of 80% Stake in Expobud Domy
Gessel has advised Enterprise Investors on its acquisition of an 80% stake in Expobud Domy. Sole practitioners Daniel Setcki and Bartosz Loboda advised Expobud Domy.
CMS Advises Romanian Commodities Exchange on Acquisition of Majority Stake in Bulgarian Energy Trading Platform
CMS has advised the Romanian Commodities Exchange on its acquisition of a 75% stake in the Bulgarian Energy Trading Platform.
E+H and Wolf Theiss Advise on Megatech's Restructuring and Sale to Sapa
E+H has advised Megatech Industries on its reorganization from financial distress and subsequent sale to Italian mobility supplier Sapa. Wolf Theiss, working with Gianni & Origoni, advised Sapa.
Gessel Advises BNP Paribas Bank Polska on Investment in Profi
Gessel has advised BNP Paribas Bank Polska on a co-investment, via a special purpose vehicle controlled by Custodia Capital, as part of the leveraged buyout of a majority stake in Profi.
Papapolitis & Papapolitis Advises on Oak Hill Advisor’s Investment in IDEAL Holdings
Papapolitis & Papapolitis, working with Paul Weiss, has advised Oak Hill Advisors on its equity investment of up to EUR 115 million in IDEAL Holdings, with a co-investment right for an additional EUR 200 million over the next two years. Sarantitis and Reed Smith reportedly advised IDEAL Holdings.