Cases
Experience: Mergers, Acquisitions,
Restructurings in the Financial Institutions Sector: Represented LUX MED Sp. z o.o. in connection with obtaining a license to conduct insurance
reinsurance activities in Pol
.
Represented Banco Sant
er Group in connection with the PLN 3.1 billion acquisition of 60% of the shares of Sant
er Consumer Bank by Sant
er Consumer Finance from Sant
er Bank Polska.
Represented Velo Bank
Cerberus in connection with the PLN 1.1 billion acquisition of Bank H
lowy's consumer business in Pol
.
Represented insurance companies from the UNIQA Group in connection with the conclusion of strategic 12-year cooperation agreements with mBank for the distribution of insurance products.
Represented Banco Sant
er S.A. in connection with the sale of a 49% stake in Sant
er Bank Polska S.A. for EUR 6.8 billion
50% of Sant
er's Polish asset management business (Sant
er TFI) for EUR 200 million to Erste Group Bank AG. The total transaction value is EUR 7 billion.
Represented Allianz S.E. in connection with the EUR 2.5 billion ongoing acquisition of the Polish life
non-life insurance operations, as well as the pension
asset management business, from Aviva
acquiring a 51% stake in Aviva's life
non-life bancassurance joint ventures with Sant
er.
Represented OANDA Global Corporation in connection with the acquisition of Dom Maklerski TMS Brokers S.A.
Represented Deutsche Bank AG in connection with the sale
demerger of Deutsche Bank Polska S.A.'s local Private & Commercial Banking business to Sant
er Bank Polska S.A. (formerly Bank Zachodni WBK).
Represented BNP Paribas Group in connection with the acquisition of the core banking business of Raiffeisen Bank Polska S.A. by Bank BGZ BNP Paribas S.A.
the related equity investment of PLN 430 million (approx. EUR 100 million) by the European Bank for Reconstruction
Development through the acquisition of a circa 4.5% stake in BGZ BNP Paribas from Raiffeisen Bank International AG
BNP Paribas SA.
Represented Societe Generale in connection with the sale of Euro Bank, its retail banking subsidiary in Pol
, to Bank Millennium.
Represented Alior Bank in the acquisition of Bank BPH's core business from affiliates of GE Capital
other shareholders through the demerger of Bank BPH.
Represented Alior Bank in the proposed acquisition of Raiffeisen Bank Polska.
Represented BNP Paribas in connection with the merger of Bank Gospodarki Zywnosciowej with BNP Paribas Bank Polska.
Represented BNP Paribas in connection with the transformation of Sygma Banque Polish Branch into a domestic bank, its acquisition by Bank BGZ BNP Paribas
merger into Bank BGZ BNP Paribas.
Represented AnaCap in connection with the acquisition of FM Bank PBP (currently Nest Bank).
Represented BNP Paribas in connection with the acquisition of 90% of shares in Bank Gospodarki Zywnosciowej S.A. from Rabobank. The value of the transaction was PLN 4 billion.
Represented DZ Bank AG in connection with the establishment of its branch in Pol
, including transferring the banking activities of DZ Bank Polska to the branch.
Represented DZ Bank AG in connection with the rundown of its activities in Pol
.
Represented PKO BP Bank in the acquisition of Nordea Bank Pol
, Nordea Life
Nordea Finance. The value of the transaction was approx. PLN 3.5 billion.
Represented Deutsche Bank AG Group in a transaction involving the intragroup transfer of the shares in Deutsche Bank PBC
the merger of Deutsche Bank PBC with Deutsche Bank Polska.
Represented Polski Bank Przedsiebiorczosci S.A
FM Bank S.A. in the merger of both banks within the Abris Capital Group.
Represented Raiffeisen Bank International AG in the acquisition of a 70% share in Polbank EFG.
Represented BNP Paribas in connection with the proposed acquisition of Bank Zachodni WBK S.A.
Represented AIG in the merger of its Polish consumer finance business into Sant
er's Polish bank.
Advised BNP Paribas on the acquisition of the Polish banking
financial assets of Fortis Group, including a controlling stake in Fortis Bank Polska S.A.
Dominet Bank S.A.
Advised UniCredit on the acquisition of Bank BPH S.A., its spin off
merger with Bank Pekao S.A., followed by the sale of BPH to GE Money Bank.
Advised on mergers
acquisitions of publicly traded companies from the banking sector (the acquisition of Bank H
lowy w Warszawie S.A.
its merger with Citibank Polska, the merger of Bank BPH S.A. with Powszechny Bank Kredytowy S.A., the merger of Bank Zachodni S.A. with Wielkopolski Bank Kredytowy S.A.,
the integration of Bank BPH S.A. into Bank Pekao S.A.).
Advised Societe Generale S.A. on its agreement to sell its retail banking subsidiary in Pol
, Euro Bank S.A. in the entirety, to Bank Millennium S.A. The reference transaction price for the sale is PLN 1.83 billion.
Advised BNP Paribas Group on its acquisition of the core banking operations of Raiffeisen Bank Polska from Raiffeisen Bank International for PLN 3.25 billion.
Advised BNP Paribas Group on the equity investment of PLN 430 million by the EBRD through the acquisition of a circa 4.5% stake in BGZ BNP Paribas from Raiffeisen Bank International AG
BNP Paribas SA.
Advised Deutsche Bank AG on the sale of its Polish private
commercial bank business to Sant
er Bank Polska. The transferred business was directly migrated to the IT systems of Sant
er Bank Polska simultaneously with the completion of the transaction.
The above representations were h
led by Mr. Pawlak prior to his joining GREENBERG TRAURIG Nowakowska-Zimoch Wysokinski sp.k. Regulatory Aspects in Banking & Finance: Represented Alior Bank in connection with a public program for the issuance of bonds for the amount of PLN 800 million.
Advised on regulatory issues
represented Bank Pocztowy in connection with the first issue of the Bank's bonds, part of the public bond issuance program for individual investors with an aggregated value amounting to PLN 1 billion.
Advised a Polish Bank in connection with the structuring of a potential banking joint venture with a postal services company.
Advised Orange Polska in connection with the structuring of a mobile banking joint venture with mBank.
Capital Markets: Represented BNP Paribas SA acting as the Seller in the offering, through an accelerated bookbuilding process (ABB), of BNP Paribas Bank Polska S.A. shares. The value of the transaction was PLN 886 million.
Represented HDI International AG
Meiji Yasuda Life Insurance Company in connection with the acquisition of the remaining shares in Towarzystwo Ubezpieczen Europa S.A. from Getin Holding S.A.
Getin Noble Bank S.A.
Represented BNP Paribas SA acting as the Seller in the PLN 470 million offering, through an accelerated bookbuilding process, of BNP Paribas Bank Polska S.A. shares.
Represented PZU S.A. in its PLN 8 billion IPO on the WSE.
Represented the Polish State Treasury in the PLN 5.4 billion IPO of Jastrzebska Spolka Weglowa S.A. on the WSE.
Represented PZU S.A. in reaching a settlement between its shareholders, the Polish State Treasury
Eureko, concerning control of the company.
Advised UniCredit
Bank Austria Creditanstalt AG on the dual listing of their shares on the WSE.
Advised IVAX Corporation (IVAX) in connection with the exchange offer for Polfa Kutno S.A. shares
listing the IVAX shares on the WSE
their introduction to public trading. Also advised IVAX on acquiring a 25% stake in Polfa Kutno S.A. from Recordati, as well as on the Polish aspects of IVAX's takeover by Teva Pharmaceuticals Ltd
their merger.
Advised on various acquisitions of publicly traded companies, including Animex S.A., Poligrafia S.A.
ZPW Grajewo S.A.
Advised on the delistings of Dom Plast S.A., Agros Holding S.A.,
Polfa Kutno S.A. from the WSE as well as on the first ever delisting of a company in conjunction with its simultaneous transformation into a limited liability company (Animex S.A.).
Advised Pernod Ricard
IVAX on squeeze out procedures in their Polish affiliates.
The above representations were h
led by Mr. Pawlak prior to his joining GREENBERG TRAURIG Nowakowska-Zimoch Wysokinski sp.k.
