Post by account_disabled on Mar 10, 2024 5:06:37 GMT -5
In addition to the betting broker's IPO, the bank represented and advised UniCredit and Erste Bank even before, throughout the period of preparation and presentation of the prospectus that recommended the business to potential investors.
laws from different countries and a tangle of commercial clauses in different languages, has become one of Baker & McKenzie's areas of “expertise”, especially when focused on the Central and Eastern stock markets. European.
The “multijurisdictional” consultancy, as referred to by the firm itself, was coordinated, this time, by the B&M office in Warsaw (Poland); with the support of units in Amsterdam (Netherlands), Prague (Czech Republic), London (United Kingdom); and partners in Bratislava (Slovakia), Valletta (Republic of Malta) and Zagreb (Croatia).
The transaction prospectus was approved at the end of Austria Phone Numbers List October by the financial supervisory authority in the Netherlands, where Fortuna Entertainment is based.
The deal is considered a milestone in the capital opening market in the region. The competition for the acquisition of shares via the Fortune Public Offering took place simultaneously in Poland, the Czech Republic and Slovakia, being traded in parallel on the Warsaw and Prague stock exchanges, which had never occurred before. Furthermore, it was the first IPO promoted by a company in the betting sector in Eastern Europe. Between preparation and completion of the deal, more than a year of planning and execution took place.
“Fortuna’s IPO was a long and complex process that required close cooperation and teamwork from several of our offices in order to navigate the rules of different jurisdictions,” explained, in an official statement, Jakub Celinski, partner at Baker & McKenzie in Warsaw, who led the coordination of the work. “We are pleased to have guided our clients through this project, and in the success achieved in a business that has attracted the attention of institutional and retail investors around the world.”
laws from different countries and a tangle of commercial clauses in different languages, has become one of Baker & McKenzie's areas of “expertise”, especially when focused on the Central and Eastern stock markets. European.
The “multijurisdictional” consultancy, as referred to by the firm itself, was coordinated, this time, by the B&M office in Warsaw (Poland); with the support of units in Amsterdam (Netherlands), Prague (Czech Republic), London (United Kingdom); and partners in Bratislava (Slovakia), Valletta (Republic of Malta) and Zagreb (Croatia).
The transaction prospectus was approved at the end of Austria Phone Numbers List October by the financial supervisory authority in the Netherlands, where Fortuna Entertainment is based.
The deal is considered a milestone in the capital opening market in the region. The competition for the acquisition of shares via the Fortune Public Offering took place simultaneously in Poland, the Czech Republic and Slovakia, being traded in parallel on the Warsaw and Prague stock exchanges, which had never occurred before. Furthermore, it was the first IPO promoted by a company in the betting sector in Eastern Europe. Between preparation and completion of the deal, more than a year of planning and execution took place.
“Fortuna’s IPO was a long and complex process that required close cooperation and teamwork from several of our offices in order to navigate the rules of different jurisdictions,” explained, in an official statement, Jakub Celinski, partner at Baker & McKenzie in Warsaw, who led the coordination of the work. “We are pleased to have guided our clients through this project, and in the success achieved in a business that has attracted the attention of institutional and retail investors around the world.”