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M&A News

FEG Expands into Montenegro through Lob Acquisition

Fortune Entertainment Group (FEG), the largest Central European betting operator, has expanded its operations into Montenegro through the acquisition of Lob, one of the leading companies in the entertainment and gaming industry in the country.

The transaction represents one of the largest foreign direct investments in Montenegro in recent years, reflecting growing investor confidence in the country’s economic prospects.

We have advised the sellers in this transaction. The team included Partners Ivan Nonković, Sava Drača, and Veton Qoku, and Associate Filip Vuković.

 

Partner and Associate refer to independent Attorney at Law in cooperation with Karanovic & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.