Legal advice to Raiffeisenbank regarding their purchase of part of Citibank’s business focussing on retail banking services

 
In one of the most important transactions in the finance sector in recent years Havel, Holásek & Partners provided comprehensive legal counsel to Raiffeisenbank regarding their acquisition of a part of Citibank’s business focussing on retail banking services in the Czech Republic. Apart from the advisory related to the acquisition itself, the services provided by Havel, Holásek & Partners included regulation advisory, including participation in the preparation of necessary applications to the Czech National Bank as well as the Office for the Protection of Competition, who has already approved the transaction. This transaction significantly strengthened Raiffeisenbank’s position in the Czech retail banking market. The transaction is still pending approval by the Czech National Bank.
 
 
 
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