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Denemo media5/29/2023 ![]() ![]() (in cooperation with Ludmila Kutejova) as well as negotiations with the financing bank (CSOB).įinally, we handled the clearance of the transaction with the Czech Anti-Monopoly Office. We were involved in the legal due diligence of the FVTPH group (including TV Prima), the establishment of the JV (the other JV partner was represented by Ludmila Kutejova of the Kutejova, Marsal, Briasky law office), and the negotiation of the entire deal with MTG on behalf of Denemo Media s.r.o. The remaining 50% shares of FTVPH is owned by GES Media Europe B.V. subsequently acquired 50% of shares in FTVPH from MTG Broadcasting AB (MTG). then established a joint venture with GES Media Asset, a.s., called Denemo Media s.r.o., which is controlled by Denemo Invest, s.r.o.ĭenemo Media, s.r.o. Vladimir Komar (via his holding company Alphaduct, a.s.) established the special purpose vehicle Denemo Invest s.r.o. ![]() Jana Svarickova assisted on some media regulatory aspects.Ĭharles Andersson from the Hamilton law firm in Stockholm advised on Swedish law aspects.ĬEELM: Please describe the final acquisition in as much detail as possible: how was it structured, why was it structured that way, and what was your role in helping it get there? Later on, it was a relatively small team but included me as the M&A Partner, Prokop Verner (Counsel), and then Magda Pokorna as the Senior Associate coordinating the transaction as a whole, as well as Ivana Dobiskova and Iva Bilinska in Prague on antitrust aspects. H.O.: We got the instruction on the last day before my sabbatical last year so originally our London team took the instruction (Lisa Goransson, Head of our Nordic desk, and Marton Eorsi, a Senior Associate of mine in Budapest who had done lots of MTG work and then moved to London and now works with Lisa). Gabriela was responsible for filing with the Czech Anti-Monopoly Office. I and Jan were involved in negotiations and drafting of transactional documentation. Nela, working under Jan’s supervision, was primarily involved in the legal due diligence of the FTVPH group, including FTV Prima s.r.o. ![]() There were only four individuals: myself, Jan Vesele (Managing Associate), Gabriela Praskova (Senior Associate) and Nela Zelenkova (Associate). J.S.: As the project was extremely confidential, our team was small. H.O.: We were retained to assist MTG to evaluate its options for the Czech business, principally exit options and therefore ultimately on this exit.ĬEELM: Who were the members of your team, and what were their individual responsibilities? J.S.: To prepare (together with transactional/tax advisor) the most effective structure for acquisition of 50% of shares in FTV Prima Holding a.s. We also worked for MTG on their entry into FTV Prima so it made sense to use us for this transaction too.ĬEELM: What, exactly, was the initial mandate when you were each retained for this project? H.O.: We have worked for MTG for as long as I can remember (at least 15 years), first in Russia and then in the Czech Republic, Bulgaria, Hungary, Latvia, and the Netherlands, as well as on other contemplated transactions across pretty much the whole of CEE. Vladimir Komar by his transactional advisor as someone who had broad transactional experience in the media market. is part of the GES Group, which already owned 50% of FTV Prima Holding.ĬEELM: How did you each become involved in this matter? Why and when were you and your firms initially selected as external counsel? is owned by Czech businessman Vladimir Komar. (with 75% ownership) and GES Media Asset, a.s. Denemo Media is a Czech joint venture between Alphaduct, a.s. on its acquisition of a 50% shareholding in FTV Prima, with Allen & Overy advising Modern Times Group, the seller. The Deal: On February 16, 2017, CEE Legal Matters reported that Glatzova & Co. ![]()
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