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Closing: United Group's Acquisition of Majority Stake in Optima Telekom Now Closed

Closing: United Group's Acquisition of Majority Stake in Optima Telekom Now Closed

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On January 26, DTB announced that United Group's acquisition of the majority stake in Optima Telekom (reported by CEE Legal Matters on July 16, 2021) has now closed. 

According to the firm, "after obtaining all regulatory approvals from relevant authorities and fulfilling all condition precedents for completion of the transaction, Telemach – a subsidiary of the United Group – became the owner of 54.31% of Optima Telekom shares."

As previously reported, DTB advised the United Group on the acquisition of a majority stake in Optima Telekom from Hrvatski Telekom and Zagrebacka Banka, with the sellers being advised by Madirazza and Partners.

DTB's team included Senior Partners Damir Topic and Mario Krka, Lawyers Dina Salapic, Ema Mendjusic Skugor, Olena Manuilenko, Jasna Belcic, Iva Crnogorac, and Dominik Glavina, and Trainees Antonia Mihaljevic, Iva Vukoja, Ana-Maria Sunko, Barbara Simic, and Petar Zubic.

Madirazza and Partners' team included Managing Partner Josip Madirazza and Partners Marinka Kovacic and Morana Herak.

DTB at a Glance

DTB is internationally recognized and award-winning top-tier Croatian legal service provider. For almost thirty years, DTB has been successfully advising national and multinational corporations, financial institutions, investors, and governments both in everyday business and in sophisticated strategic transactions. Its dedicated team of unrivalled efficiency and competence has an interdisciplinary approach tailored to all clients’ legal needs.

Since its establishment in 1994, DTB has been constantly growing in the number of legal areas in which it provides legal services, hence today it represents a one-stop shop for any legal or corporate inquiries made by potential or existing clients. DTB’s main expertise is corporate and commercial, M&A, real estate and project finance, banking, finance and capital markets, regulatory and compliance, IP & TMT, competition and antitrust, energy, labor law and dispute resolution.

DTB’s highly ranked market position in many practice areas is reflected by constant awards and rankings of leading independent researchers. The law firm is also a member of several leading law firm networks, not only on regional, but also on the global level.

For more details, please visit dtb.hr.