On July 26, 2023, Linklaters announced that Polish developer Develia's EUR 100 million acquisition of 19 Polish subsidiaries from French developer Nexity (as reported by CEE Legal Matters on June 5, 2023) had closed.
Turunc Advises Arya on Investment in Kiralarsin
Turunc has advised the Arya Women Investment Platform on its investment in Turkish electronics rental company Kiralarsin. Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki reportedly advised Kiralarsin.
BASEAK and HS Attorney Partnership Advise on Pre-Series A Round for Ekmob Sales Force Automation
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised Ekmob Sales Force Automation on its pre-series A bridge funding round that included TechOne VC, Finberg, Yildiz Tekno GSYO, and Koray Gultekin Bahar. The HS Attorney Partnership advised TechOne.
Linklaters and Clifford Chance Advises on Cornerstone Investment Management's Acquisition of Ecowipes
Linklaters has advised Cornerstone Investment Management on its and Kartesia's acquisition of Ecowipes. Clifford Chance advised Ecowipes. Reportedly, Dentons advised on financing aspects of the deal.
Closer Look: Dentons' Loredana Chitu on Hidroelectrica RON 9.3 Billion IPO
As reported by CEE Legal Matters on July 11, 2023, Dentons advised Hidroelectrica on the issuance and listing on the Bucharest Stock Exchange. CEELM reached out to Dentons Partner and Head of the Capital Markets group in Bucharest Loredana Chitu to learn more about the matter.
Dentons Advises AP Pension on EUR 65 Million Financing of Better Energy Solar Parks in Poland
Dentons has advised AP Pension on the financing of Better Energy’s portfolio of five solar parks across Poland with a combined annual production capacity of 237 megawatts.
Did You Know: H1 CEE Law Firm Leaderboard
Did You Know that 12 firms in Central and Eastern Europe worked on more than 16 client matters reported by CEE Legal Matters in the first half of the year? According to the Activity Rankings function of the CEELMDirect website, two firms worked on more than 40 client matters reported by CEE Legal Matters in the first six months of 2023: Schoenherr, which worked on 42, and Clifford Chance, which worked on 41.
Gergely Stanka Joins Dentons as Litigation Partner in Budapest
Former Burai-Kovacs, Perlaki, Stanka, Szikla & Partners Managing Partner Gergely Stanka has joined Dentons in Hungary, along with a team of seven lawyers, as a Partner in the firm's Litigation, Dispute Resolution, and Arbitration practice on July 1, 2023.
Dentons and BASEAK Advise Papara on Acquisition of Rebellion from Beka Finance
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised Papara on its acquisition of Rebellion from Beka Finance. Spain's Araoz & Rueda reportedly advised Beka Finance.
DLA Piper and Dentons Advise on ONDE Sale of Cyranka to Engie Zielona Energia
DLA Piper has advised ONDE on its sale of two photovoltaic power plants in Gizycko with a total capacity of 18 megawatts to Engie Zielona Energia in a share deal for all shares in Cyranka. Dentons advised Engie on the acquisition.
Clifford Chance, Filip & Company, and Dentons Advise on Hidroelectrica RON 9.3 Billion IPO
Clifford Chance has advised the underwriters of Hidroelectrica's RON 9.3 billion initial public offering. Filip & Company advised Fondul Proprietatea on the sale of its entire shareholding during the IPO. Dentons advised Hidroelectrica on the issuance and listing on the Bucharest Stock Exchange.
RTPR and Dentons Advise on Sarmis Capital Acquisition of Majority Stake in BMF Grup
RTPR has advised private equity fund Sarmis Capital on its acquisition of a majority stake in the BMF Grup facility management company. Dentons advised BMF Grup.
Europe ESG Regulatory Update on Greenwashing
Below is a round-up of selected updates on developments in Europe of ESG regulations and policies. Please note that this list is not comprehensive and may not include all such developments that may be relevant to your business.
NBU Further Lifts Martial Law Limitations in Ukraine for New Cross-border Loans
The National Bank of Ukraine (NBU) gradually continues to lift martial law limitations for cross-border borrowings.
Did You Know: 11 Firms Atop 2023 Energy/Natural Resources Leaderboard
Did You Know that a total of 11 law firms have worked on four or more reported Energy/Natural Resources deals in CEE so far this year? According to the Activity Rankings function of the CEELMDirect website, the leaderboard is led by Norton Rose Fulbright, which has worked on ten Energy/Natural Resources deals reported since January 1, 2023.
Dentons Advises Republic of Lithuania on EUR 1.25 Billion Bond Issuance
Dentons has advised the Republic of Lithuania on the issuance of EUR 1.25 billion 3.875% Notes due 2033, pursuant to the Republic of Lithuania's Euro Medium Term Note Program. Reportedly, TGS Baltic advised the Republic of Lithuania as well while Freshfields Bruckhaus Deringer and Sorainen advised the underwriters.
Dentons Advises Ignitis Group on Financing from MUFG Bank
Dentons has advised Lithuanian-headquartered energy company Ignitis Grupe on financing from MUFG Bank. Reportedly, TGS Baltic advised Ignitis Grupe as well.
Dentons Advises Ignitis Grupe on Financing from Citibank
Dentons advised Lithuanian-headquartered energy company Ignitis Grupe on financing from Citibank. Reportedly, TGS Baltic advised Ignitis Grupe as well.