JPM has advised the sellers of I.KOM, one of the largest cable TV, broadband Internet, and telephone industry providers in Serbia, on its takeover by SBB. The identities of the sellers — three SPVs ultimately owned by three private individuals — was not disclosed. Moravcevic Vojnovic and Partners in cooperation with Schoenherr advised SBB on the takeover.
After a complex and lengthy investigation procedure conducted by the Serbian Competition Commission, the transaction was conditionally approved in early April (as reported by CEE Legal Matters on April 3, 2017, Karanovic & Nikolic played a significant role in that process) and closed in late April 2017.
Partners Marko Jovkovic and Jelena Gazivoda led the JPM team advising on the M&A, while Partner Nikola Poznanovic advised on Competition law aspects of the transaction.
The Moravcevic Vojnovic and Partners in cooperation with Schoenherr team included Partners Slaven Moravcevic, Milos Lakovis, and Srecko Vujakovic, Attorney at Law Dijana Grujic, and Associate Aleksandra Petrovic.