· Legal specialists from CMS Reich-Rohrwig Hainz advise The Vienna Stock Exchange on its successful bid for an 81.01% share in the Ljubljana Stock Exchange
· The Vienna Stock Exchange reinforces its goal of strengthening Central and Eastern Europe's capital market
· CMS is the ideal partner for cross border transactions throughout the CEE/SEE region
Vienna, June 27, 2008.
A team of transaction specialists from CMS Reich-Rohrwig Hainz offices in Ljubljana and Vienna advised The Vienna Stock Exchange on their acquisition of the Ljubljana Stock Exchange. For months the team led by Aleš Lunder, Brigita Kralji? and Günther Hanslik has been working closely with The Vienna Stock Exchange both in the Slovenian capital and in Vienna. The company was ultimately able to succeed against several international bidders in securing the 81,01% share in the Ljubljana Stock Exchange. The transaction requires approval by the Slovenian regulatory agency ATVP. Both parties have agreed not to disclose the purchase price.
"Our strong local presence here in Slovenia was certainly a central element for the successful cooperation with The Vienna Stock Exchange", says Aleš Lunder, Partner at CMS Reich-Rohrwig Hainz and head of the office in Ljubljana which was opened only a few months ago. "Especially clients active in the CEE/SEE region value the huge advantage our local CMS teams offer them. We are locally present in every market - right where our clients need us" adds Mr. Lunder.
With more than 350 lawyers in– jurisdictions, CMS offers the most comprehensive network of legal services throughout the CEE/SEE region making it the ideal partner for companies active in this region, such as The Vienna Stock Exchange. Upon completion of this transaction, The Vienna Stock Exchange will be majority shareholder of two Southeast European stock exchanges and already works closely with the stock exchanges of Bucharest, Sarajevo and Banja Luka