Dentons has advised Develia on its preliminary agreement for the EUR 70 million sale of the Wola Retro office building in Warsaw with the Adventum Group. Act BSWW advised Adventum.
Soltysinski Kawecki & Szlezak has advised Heineken International on its PLN 1.66 billion acquisition of the remaining 35% stake in Grupa Zywiec through a block trade transaction, public tender offer, and subsequent minority squeeze-out. Drzewiecki Tomaszek & Partners advised Harbin on the sale of a 28.19% block of shares in Grupa Zywiec.
On 14 December 2022 the lower house, Sejm, passed a bill on family foundations. The law was then sent to the Senate, where amendments were made to it, now pending before the Sejm. Regardless of these legislative works, it is expected that the law will come into force 3 months after its promulgation. It should therefore be possible to establish a family foundation as early as the first half of 2023.
Schoenherr and Norton Rose Fulbright, working with Davis Polk & Wardwell and Ashurst, have advised JP Morgan Chase and other financing parties on the refinancing of Diebold Nixdorf debt and the provision of USD 400 million in new capital. Sullivan & Cromwell and K2Legal Korbonski i Partnerzy reportedly advised the borrower.