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River Styxx Capital acquisition of 85% stake in Telenor Banka

1/9/2017
Private acquisition
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Announced

1/9/2017

Overview:

  • River Styxx Capital has acquired an 85% stake in Telenor Banka.
  • Telenor Banka is an online bank established in 2014.
  • It is the 25th largest bank in Serbia based on assets.
  • The deal will help the further development of the bank.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Serbia

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Serbia

Industry sector:

Banking

Firms:
Karanović & Partners

Party: River Styxx Capital (Acquirer)

Lawyer: Darko Jovanović

Moravčević Vojnović i Partneri in cooperation with Schoenherr

Party: Telenor Banka (Target)

Lawyer: Luka Lopičić

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