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Sat, May
30 New Articles

Dentons has advised Komercni Banka on acquiring a 49.9% stake in SG Equipment Finance Czech Republic from Societe Generale Equipment Finance. Jones Day and Schoenherr advised Societe Generale. White & Case reportedly advised SGEF owner BPCE.

Dorda, working with Roschier, has advised European growth investor Sprints on its partnership with Styria Media Group to acquire all of Adevinta’s shares in Willhaben. Freshfields advised Adevinta. E+H advised Styria Media Group.

The transfer of a business share is a routine process in corporate transactions. A share purchase agreement (SPA) must be in writing with notarized signatures. The transfer becomes effective upon the company's receipt of the SPA unless a later date is specified. However, if required by law or the memorandum of association (MoA), it cannot take effect before the general meeting grants approval. Each transfer must also be registered in the Slovak Commercial Register (“Commercial Register”). In practice, complications may arise when one party withdraws from an SPA.

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