WARSAW (PRWEB) April 03, 2014
A team of attorneys from the Warsaw office of the international law firm Greenberg Traurig LLP represented PKO BP S.A. at closing of Nordea Bank’s shares acquisition. Bank PKO BP and Nordea Bank signed documents giving effect to an acquisition by PKO BP of shares in Nordea Bank Polska, Nordea Towarzystwo Ubezpieczeń na Życie and Nordea Finance with a total value of approximately PLN 2.8 billion.
As part of the acquisition, Nordea Bank AB will provide PKO BP over a period of seven years with approximately PLN 15 billion of financing for mortgage loans granted by Nordea Bank Polska.
Greenberg Traurig advised PKO BP on all stages of the transaction, from the execution of a conditional share purchase agreement last June, through negotiations of mortgage loans financing, representation before the Polish Financial Supervision Authority, to the final closing.
The Greenberg Traurig team working on the transaction was led by Senior Partner Lejb Fogelman. The team also consisted of partners Radosław Gronet, Łukasz Pawlak, Tomasz Kacymirow, Przemysław Kozdój and Marek Kozaczuk. The team was supported by associates Łukasz Gorek, Karolina Kubik, Agnieszka Szypura, Aleksandra Polak, Michał Kulig and Maciej Kacymirow.
In March 2014 the transaction was approved by the Polish Financial Supervision Authority, thus becoming the largest, finalized acquisition in the Polish banking sector in 2013.
About Greenberg Traurig Grzesiak sp.k.
Greenberg Traurig Grzesiak sp.k. was named the 2013 International Law Firm of the Year in Poland by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Eastern Europe and beyond and is comprised of more than 60 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Real Estate, Dispute Resolution and TMT.
About Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 1750 attorneys serving clients from 36 offices in the United States, Latin America, Europe, the Middle East and Asia. Greenberg Traurig is among the Top 10 law firms on The National Law Journal's 2013 NLJ 350, an annual ranking of the largest firms in the U.S. For additional information, please visit http://www.gtlaw.com.