NKO Partners has advised the IGEPA group on its acquisition of a 51% stake in Serbian company Oracal Polikarbonati from Dejan Karic, who will stay on with a 49% stake. Four Legal advised the seller.

Walless has advised the Typhoon Wealth Group Limited on its acquisition of Lithuania's Ambr Payments.

TGS Baltic has advised recycling company Eco Baltia on its acquisition – via its Latvijas Zalais Punkts subsidiary – of harmful and hazardous waste collection company Eko Osta.

Schoenherr has advised Grupa Zywiec on executing a conditional agreement to sell the Lezajsk brewery to Mycofeast. Rymarz Zdort Maruta advised Mycofeast.

Karanovic & Partners has advised both parties on Embracer Group's sale of Saber Interactive to Beacon Interactive in a deal worth USD 247 million. Baker McKenzie reportedly advised the Embracer Group.

Since COVID, we have been living with a rule that makes the acquisition of ownership by foreigners in certain Hungarian companies operating in strategic sectors subject to government approval. Although we can no longer speak of a state of emergency, the rule is expected to stay with us for long – albeit with several modifications along the way, as happened in January this year.