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Closing: United Group's Acquisition of Majority Stake in Optima Telekom Now Closed

Closing: United Group's Acquisition of Majority Stake in Optima Telekom Now Closed

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On January 26, DTB announced that United Group's acquisition of the majority stake in Optima Telekom (reported by CEE Legal Matters on July 16, 2021) has now closed. 

According to the firm, "after obtaining all regulatory approvals from relevant authorities and fulfilling all condition precedents for completion of the transaction, Telemach – a subsidiary of the United Group – became the owner of 54.31% of Optima Telekom shares."

As previously reported, DTB advised the United Group on the acquisition of a majority stake in Optima Telekom from Hrvatski Telekom and Zagrebacka Banka, with the sellers being advised by Madirazza and Partners.

DTB's team included Senior Partners Damir Topic and Mario Krka, Lawyers Dina Salapic, Ema Mendjusic Skugor, Olena Manuilenko, Jasna Belcic, Iva Crnogorac, and Dominik Glavina, and Trainees Antonia Mihaljevic, Iva Vukoja, Ana-Maria Sunko, Barbara Simic, and Petar Zubic.

Madirazza and Partners' team included Managing Partner Josip Madirazza and Partners Marinka Kovacic and Morana Herak.