We are pleased to announce that Karanović & Partners advised the sellers in the transaction involving the sale of shares in Lovćen banka AD Podgorica by DEG, Incofin and AP group to Zetagradnja, as reported by the Montenegro Stock Exchange.
According to the official disclosure published by the Montenegro Stock Exchange, the transaction was carried out through a block trade mechanism on the regulated market, involving a significant shareholding stake in the bank. The deal represents an important development in the Montenegrin banking and capital markets sector.
Karanović & Partners provided comprehensive legal support to the sellers throughout the transaction process, including structuring, regulatory considerations, coordination with market participants, and negotiating the transaction documents.
The transaction team was led by Partner Marko Ćulafić and Associate Aleksa Tomanović.
Partner and Associate refer to Independent Attorney at Law in cooperation with Karanović & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
