DLA Piper has advised Generali CEE Holding on its full acquisition of 4Life Direct Poland from 4Life Direct International. CMS reportedly advised 4Life Direct International.
Paksoy Advises Borusan Lojistik on USD 33 Million Loan from EBRD
Paksoy has advised Borusan Lojistik on its USD 33.2 million loan from the European Bank for Reconstruction and Development.
Baker McKenzie Advises Fairfax on USD 860 Million Acquisition of Gulf Insurance Group Stake from KIPCO
Baker McKenzie has advised Fairfax Financial Holdings Limited on its acquisition of KIPCO's 46.32% stake in the Gulf Insurance Group for approximately USD 860 million.
Greenberg Traurig Advises on Pfleiderer Polska Acquisition
Greenberg Traurig has advised Bogdan and Elzbieta Kaczmarek and the Innova Capital private equity fund on their full acquisition of Pfleiderer Polska and related financing, in a corporate carve-out transaction from the Strategic Value Partners-owned Pfleiderer Group. Rymarz Zdort Maruta and Kirkland & Ellis reportedly advised the seller. Allen & Overy reportedly advised the lenders.
Fintech in Lithuania: A Maturing Market
While Lithuania’s fintech sector has emerged as a European powerhouse, the number of licensed companies has been decreasing, indicating a shift towards a more quality-focused approach. Cobalt Partner Akvile Bosaite, Motieka Head of Financial Services and Compliance Sigita Zavisiene, and Walless Partner Joana Baublyte-Kulviete take stock of the sector.
Crido Advises Borgestad ASA on Refinancing for Agora Bytom Shopping Center
Crido has advised Borgestad ASA on refinancing the credit for the Agora Bytom shopping center with Bank Pekao. CMS reportedly advised the bank.
Currency Control Restrictions in 2024 in Ukraine
In 2024, certain currency control restrictions introduced on the first day of the full-scale invasion are still in force in Ukraine. The National Bank of Ukraine reviews and eases some of these restrictions, but many of the prohibitions on foreign exchange transactions remain.