Schoenherr, working with Kirkland & Ellis, has advised Davis-Standard on its acquisition of the Extrusion Technology Group from Dutch investor Nimbus. Allen & Overy reportedly advised Nimbus on the deal.
Former Dentons Europe Director of Innovation Andrea Miskolczi has launched InterAlia Consulting, a newly established Austrian company operating as a strategic consultancy provider for the legal market.
The legal landscape for businesses in Austria keeps evolving, primarily driven by a new type of company called Flexcap, which offers improved tax treatment for employees and streamlined share transfers within companies, contributing to increased flexibility and opportunities for entrepreneurs, according to Herbst Kinsky Partner Phillip Dubsky.
Wolf Theiss has advised joint lead managers Erste Group Bank, Hypo-Bank Burgenland, Hypo Noe Landesbank fur Niederoesterreich and Wien, Raiffeisen Bank International, and UniCredit Bank on the Federal State of Lower Austria’s EUR 500 million issuance of 3.625% 2023-2033 bearer bonds. Fellner Wratzfeld & Partner reportedly advised the issuer.
Schoenherr has advised the Erste Bank on the legal implementation of the Financial Health Prototype text-based chatbot.
Schoenherr has advised Wienerberger on its EUR 350 million issuance of 4.875% sustainability-linked 2023-2028 bonds. Wolf Theiss advised joint lead managers and bookrunners Commerzbank, Danske Bank, Erste Group Bank, and UniCredit Bank.
Dorda, working with Clifford Chance's Frankfurt office, has advised financial advisor Citigroup Global Markets Europe and co-financial advisor Erste Group Bank on the demerger of the telecommunications tower business of listed Telekom Austria Aktiengesellschaft and the subsequent admission of 166 million shares of the newly formed EuroTeleSites to trading on the Official Market of the Vienna Stock Exchange. CMS reportedly advised Telekom Austria.
Brandl Talos has advised Telos Impact on leading the EUR 12 million series A financing round of Kern Tec. Schoenherr advised EIC.
Graf Patsch Taucher has advised Sweden's ZetaDisplay AB on its acquisition of Austrian digital signage integrator Peakmedia Digital Signage. Schoenherr advised Peakmedia's founders on the sale.
On September 20, 2023, PHH announced that Kommunalkredit's EUR 37.5 million financing for the 63-megawatt Senyo photovoltaic plant in Hungary – commissioned by Green Source and Core Value Capital – (reported by CEE Legal Matters on August 7, 2023) had closed.