On 26 April 2024, the Cabinet of Ministers of Ukraine (“Government”) approved the Procedure for Using Funds from the State Budget to Provide State Support for the Implementation of Investment Projects Involving Significant Investments (“Budget Procedure”).
Gen Temizer Advises Eleven Ventures on Cognitiwe Investment
The Gen Temizer Erdogan Girgin Attorney Partnership has advised Eleven Ventures on its investment in Estonian start-up Cognitiwe.
Labour Law Changes: Impact of EU Directive on M&A Procedures
On 15 May 2024, amendments to the Labour Code of Ukraine came into effect aiming to regulate the rights and obligations of parties in labour relations during a change of control over business. The Ukrainian parliament adopted such amendments to align Ukrainian legislation with EU Directive 2001/23/EC, dated 12 March 2001.
DTB Advises Talan Group on Sale of Solvis to Advance Capital Partners
Divjak Topic Bahtijarevic & Krka has advised the Talan Group on its sale of a 60% stake in Solvis to Advance Capital Partners. Sole practitioners Branimir Zarkovic and Toni Smrcek advised ACP.
Kyriakides Georgopoulos Advises on EQT Investments USD 1.51 Billion Public Offer for Sweden's OX2
Kyriakides Georgopoulos, working with Vinge, has advised the EQT Investments group on its public offer to acquire Swedish renewable energy company OX2 for USD 1.51 billion through an SPV.
Herbst Kinsky and KPMG Law Advise on Enspired Series B
Herbst Kinsky has advised Zouk Capital on leading Enspired's EUR 25.5 million series B financing round. Capital Push VC, Puspoek, Banpu Next, Vopak Ventures, and Presidio Ventures joined the round alongside existing investors Emerald Technology Ventures, Helen Ventures, 360 Capital, and EnBW New Ventures. KPMG Law advised Enspired.
Wolf Theiss, Cerha Hempel, and Schoenherr Advise on Takeover Bids for Addiko Bank
Wolf Theiss has advised Addiko Bank on navigating the takeover bids submitted by Agri Europe Cyprus Limited and Nova Ljubljanska Banka. Cerha Hempel advised Agri Europe. Schoenherr advised NLB.