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Allen & Overy and Skils Advise on Macquarie Asset Management's Sale of GasNet to CEZ

Allen & Overy and Skils Advise on Macquarie Asset Management's Sale of GasNet to CEZ

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Allen & Overy has advised Macquarie Asset Management on the disposal of its 55.21% indirect interest in GasNet and GasNet Sluzby, at a total enterprise value of approximately EUR 4 billion. Skils advised CEZ on the acquisition.

According to Allen & Overy, GasNet is the Czech Republic’s largest gas distribution network. GasNet Sluzby is GasNet's associated network maintenance and operations business.

"The regulated gas distribution network transports energy to 2.3 million connection points via 65,000 kilometers of pipelines that cover 80% of the country," A&O reported.

The Allen & Overy team included Prague-based Partner Jan Skuhravy, Senior Associates Cathy Gilmartin, Jana Chwaszcz, and Ivana Halamova Dobiskova, and Associates Martin Vykopal and Denisa Jonasova, along with further team members in London and Luxembourg.

The Skils team included Managing Partner Karel Muzikar, Partners Roman Janecek, Jiri Kindl, and Pavel Grim, and Senior Associates Ivo Trojan and Martin Pastor.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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