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CMS Advises Bank Pekao on Sale of Dom Inwestycyjny Xelion

CMS Advises Bank Pekao on Sale of Dom Inwestycyjny Xelion

Poland
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CMS has advised Bank Pekao S.A on the sale of Dom Inwestycyjny Xelion to Quercus TFI S.A. Sadkowski i Wspolnicy reportedly advised Quercus on the transaction.

The agreement provides for the sale of 100% of the shares in Xelion, the largest independent distributor of investment products in Poland, to a subsidiary of Quercus TFI S.A., the first public mutual fund company in Poland. The deal remains contingent on regulatory approval and is expected to close in the second half of 2021.

CMS’s team included Partners Rafal Zwierz and Malgorzata Urbanska, Counsel Marek Trzos-Rastawiecki, Senior Associate Krzysztof Sikora, and Attorneys Monika Szczotkowska, Michal Sowinski, Mateusz Mazur, Magdalena Mentrak, Aleksandra Dalecka, and Natalia Szurnicka.

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