IFLR1000

PPF Group acquisition of Telenor Banka

6/3/2019
Private acquisition, Asset acquisition
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Completed

6/3/2019

Overview:

  • Czech investor PPF Group has completed the acquisition of Serbia's Telenor Banka from Telenor Group.
  • The acquisition of Telenor Banka, Serbia's first online bank, follows PPF Group's €2.8 billion acquisition of Telenor's CEE assets in 2018.

Rajeeb Gurung - Researcher

Jurisdiction:

Serbia

Deal types:

Private acquisition
Asset acquisition

Practice area:

M&A

Industry sector:

Banking

Firms:

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