OTP’s Acquisition of Nova KBM

Bird & Bird and Selih & partnerji advised OTP on the acquisition of Nova KBM bank in Slovenia from a company owned by Apollo and EBRD. Paul Weiss and Wolf Theiss advised the seller on the deal. The transaction, which awaits regulatory approvals, is expected to be finalised in the second quarter of 2022.

Selih & partnerji team comprised partners Natasa Pipan Nahtigal, Jera Majzelj, Spela Remec, and Mia Kalas, associates Miha Hocevar and Jana Steblaj, and the members of Selih due diligence team. The Wolf Theiss team included Ljubljana-based Managing Partner Markus Bruckmuller, Partners Klara Miletic and Klemen Radosavljevic, Counsels Tjasa Lahovnik and Petra Jermol, Senior Associates Neja Nastran and Simon Tecco, and Associates Larisa Primozic, Junej Renko, Iva Sturm and Ana Zorn. They were also joined by Vienna-based Partners Guenter Bauer and Robert Wagner, as well as Budapest-based Partner Janos Toth and Counsel Melinda Pelikan.