August, 2017 - Serbia
Karanovic & Nikolic advises on the Acquisition of Telenor Banka
Karanovic & Nikolic advised River Styxx Capital on the acquisition of Telenor Banka. The companies signed an agreement by which the Bulgaria-based investment fund will acquire 85% of Telenor's shares in the Serbian online bank. Under this agreement of strategic partnership, the Norwegian telecommunications group will keep 15% of its shares in Telenor Banka.