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Paksoy, working with Freshfields, has advised the Abu Dhabi sovereign wealth fund ADQ on its acquisition of a 96% stake in Odea Bank from Bank Audi, EBRD, IFC, and other shareholders.

Karatzas & Partners has advised General Logistics Systems on its acquisition of a 20% stake in ACS Courier and Postal Services from Quest Holdings for EUR 74 million. As part of the transaction, GLS also secured a call option to acquire the remaining 80% of ACS’s share capital within the next two years for a consideration of EUR 296 million. Potamitis Vekris advised Quest Holdings.