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JPM and Baklaja Igric Tintor Advise on Merkur Casino Austria Acquisition of Majority Stakes in Beo Impera and Pionir Internacional

JPM and Baklaja Igric Tintor Advise on Merkur Casino Austria Acquisition of Majority Stakes in Beo Impera and Pionir Internacional

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JPM has advised Gauselmann Group on the acquisition by subsidiary Merkur Casino Austria of 51% shares in Beo Impera and Pionir Internacional, which each own 50% shares in Balkan Bet and Merkur Games. The Baklaja Igric Tintor firm advised the sellers.

The Gauselamm Group, which has more than 250 entertainment centers located in eight European countries operating under the Casino Merkur-Spielothek brand, specializes in the entertainment/games of chance businesses, in addition to its other lines of business.

JPM advised the three parties in the two transactions on what it describes as "the complex notification structures for the three mergers, resulting from the acquisition of joint control over Beo Impera, Pionir Internacional, Merkur Games and indirectly over Balkan Bet, and all three were unconditionally approved by the Commission for Protection of Competition in May and June 2017."

The JPM team was led by Senior Partner Nenad Popovic and Partners Jelena Stankovic and Nikola Poznanovic, with Poznanovic also advising the Gauselmann Group regarding the applications for merger approval with the Commission for Protection of Competition.

The Baklaja Igric Tintor team was led by Partner Dorde Igric.

JPM Jankovic Popovic Mitic at a Glance

The oldest full service commercial law firm in Serbia, founded in 1991, JPM with three decades of experience in assisting local and international businesses presence and growth not only in Serbia but throughout the SEE region.

We have accumulated a wealth of knowledge in every industrial and corporate sector, from energy to banking, transport, manufacturing and telecommunications, while remaining true to a pioneering spirit that has always drawn us to follow the latest trends and developments in providing of our services to clients. Today we use the latest legal tech available in serving our clients and are expanding our services to clients from growing industries such as renewable energy, IT and life sciences, by offering innovative solutions and a pro-active approach to broaching new grounds.

Our expertise, experience, and commitment to professional excellence mean we are routinely involved in landmark cases and transactions, while our high standing among clients and peers sees us ranked among the leading law firms by independent guides such as Chambers & Partners, Legal 500, and IFLR1000.

We are known for working closely with clients and treating their problems as our own. Our lawyers pride themselves on being team players, fast and available, specialised in terms of practice area and industry, but versatile and creative in their thinking. We believe our advice should be tailor-made and that even the thorniest issue has a legal solution.

Our membership of Lex Mundi (the world’s premiere network of independent law firms) and the TLA (a regional alliance of leading firms from Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia) means we have close working relationships with first-rate firms throughout the region and around the world, enabling us to operate as the perfect hub for SEE and other multi-jurisdictional transactions.

Firm's website: http://jpm.rs/