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KSB Advises J&T Arch Investments on Acquisition of Minority Stake in Moneta Money Bank

KSB Advises J&T Arch Investments on Acquisition of Minority Stake in Moneta Money Bank

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Kocian Solc Balastik has advised J&T Arch Investments on its acquisition of a minority stake in the Moneta Money Bank from Petrus Advisers. Dechert reportedly advised the sellers.

"The fund already purchased 8.89% from Petrus Advisers in July," KSB reported. "The second stage of the transaction and the acquisition of another 1.1% stake was completed on December 23, 2022. The fund has received approval from the Czech National Bank to acquire up to 19.99%."

Moneta Money Bank is a Czech bank.

The J&T Arch Investments fund is the J&T Group’s investment platform.

Petrus Advisers is a London-based investment manager.

The KSB team was led by Partner Jan Lasak and included Partners Martin Krejci and Vlastimil Pihera and Lawyers Josef Kriz and Matus Kovacic.

Kocian Solc Balastik at a Glance

Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.

Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.

Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.

Firm website.

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