LBBW sells Czech subsidiary with CMS assistance

Stuttgart - Russia's Expobank has acquired the Czech subsidiary of Landesbank Baden-Württemberg (LBBW). LBBW has sold all the shares in its subsidiary, which has 18 branches in the Czech Republic, as part of a strategy of focusing on its regional core business.

A team from CMS led by lead partners Dr Thomas Meyding and Dr Claus-Peter Fabian advised LBBW on all aspects of the cross-border transaction from the start. CMS has been advising LBBW for many years.

LBBW originally bought the bank from the Bawag Group in 2008, becoming the sole shareholder.

CMS Deutschland

Thomas Meyding, Corporate/M&A, Private Equity
Claus-Peter Fabian, Corporate/M&A, Private Equity, Joint Ventures
Slaven Kovacevic, Corporate/M&A, Private Equity
Tobias Grau, Corporate/M&A

CMS Prague

Helen Rodwell, Corporate, Private Equity
Pavla Kreckova, Banking & Finance, Infrastructure & Project Finance
Mark Segall, Banking & Finance, Private Equity
Lukas Janicek, Corporate
Patrik Przyhoda, Corporate
Miroslav Kovar, Banking & Finance

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