AP Legal advises the Ministry of Finance of the Republic of Serbia on sale of majority shareholding in Komercijalna Banka a.d. Beograd to Nova Ljubljanska Banka dd Ljubljana
Sale of 83.23% of ordinary shares of Komercijalna Banka a.d. Beograd to Nova Ljubljanska Banka has been sucessfully completed on 30 December 2020.
With total cash consideration for the shares in the amount of EUR 395 million and total transaction value of EUR 450 million privatization of Komercijalna banka a.d. Beograd represent the largest ever M&A transactions in the Serbian banking sector.
AP Legal alongside with Prica & Partners provided full legal support to the Ministry of Finance during entire privatization process.
Aleksandar Preradovic as the lead legal advisor of the seller was in charge of all major legal aspects of the transaction.
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