Heineken NV entered into a binding agreement to acquire 51.1% stake in Pivovarna Lasko DD from consortium of nine shareholders for approximately €110 million.
April 12, 2015
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Heineken NV (ENXTAM:HEIA) entered into a binding agreement to acquire 51.1% stake in Pivovarna Lasko DD (LJSE:PILR) from consortium of nine shareholders for approximately €110 million in cash on April 13, 2015. The consortium comprised of Abanka Vipa, d.d., Bank Asset Management Company, Sklad Obrtnikov In Podjetnikov, Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., NOVA KBM D.D., Asset Management Arm, Zavarovalnica Triglav, d.d. (LJSE:ZVTG), Alpen Invest, funds Management company, LLC, KD Skladi druzba za upravljanje, d.o.o. and Banka Koper DD. Heineken will pay €25.56 for each share of Pivovarna and will acquire 4.5 million shares. Heineken will also make a mandatory takeover offer to all remaining shareholders. The transaction is subject to customary regulatory approvals and approval by the relevant competition protection authorities. The transaction is expected to close in in June, 2015. As of October 2, 2015, the deal has received approval from Competition Protection Agency.
Ton Schutte, Dirk Struycken and Frank Hamming of De Brauw Blackstone Westbroek N.V. and Odvetniki Šelih & partnerji, o.p., d.n.o. acted as the legal advisors and BNP Paribas acted as the financial advisor for Heineken NV. Marko Prušnik, Eva Škufca, Vid Kobe, Christoph Haid, Eva Možina, Jelena Malnar, and Matija Rencelj of Schoenherr acted as the legal advisor for Bank Asset Management Company, Kapitalska druzba, Alpen Invest, KD Funds, Zavarovalnica Triglav, Abanka, NOVA KBM, the Entrepreneurs and Craftsmen Fund, and Banka Koper. Markus Bruckmüller and Klara Miletic of WOLF THEISS Rechtsanwalte GmbH acted as the legal advisor for Pivovarna Lasko. UniCredit acted as the financial advisor for Pivovarna Lasko and the consortium of nine sellers. Ninwa Alan, Emma Besselink, Maarten de Jong, Paul Glazener and Elise Troll of Allen & Overy Amsterdam acted as legal advisors for Heineken.
Banka Koper d.d (the Bank) is a provider of financial and banking services in Slovenia. The Bank has five major business lines: corporate banking, small and medium-sized enterprise banking, retail banking, card business and i-Net Bank. For its corporate customers, Banka Koper offers loans, credit lines, warranties, factoring, discounted bills, domestic payments, international payments and other services. For small and medium-sized enterprises, it provides loans, credit lines, warranties, factoring, discounted bills, various types of services for international trading and other solutions. Its retail banking offerings encompass short- and long-term loans, credit cards, transactional accounts, savings accounts, international payments, checks, point-of-sale terminal services, e-banking and other solutions. The Bank's card business is comprised of the provision of a debit and credit payment card, Activa. i-Net Bank is a brand for the Bank's Internet-based distribution channel.
Heineken NV entered into a binding agreement to acquire 51.1% stake in Pivovarna Lasko DD from consortium of nine shareholders for approximately €110 million.
BANKA INTESA SANPAOLO D. D. 
