Karanovic & Partners has advised Lob on its sale to Fortune Entertainment Group in Montenegro. Schoenherr reportedly advised FEG.
The value of the transaction was not disclosed.
According to Karanovic & Partners, Fortune Entertainment Group is the largest Central European betting operators.
Lob is a local entertainment and gaming company.
The Karanovic & Partners team included Partners Ivan Nonkovic, Sava Draca, and Veton Qoku and Associate Filip Vukovic.
