M&A News in Serbia

OTP Group Acquires ILIRIKA Fund Management Company

OTP Fund Management, Hungary, and OTP Banka Srbija have jointly acquired ILIRIKA DZU, the Serbian subsidiary of the Ljubljana-based ILIRIKA group providing asset management services. With this transaction, OTP Group strengthens the Serbian capital market and becomes an active player in it.

Karanović & Partners was the lead counsel of OTP Group on this transaction. Our transactional team consisted of Partner Miloš Jakovljević, Senior Associate Marko Ćulafić and Junior Associate Ljubica Stojanović. Partner Maja Jovančević Šetka, Senior Associate Tijana Arsenijević, and Junior Associate Aleksandra Čvorović covered regulatory aspects and filings, while Partner Bojan Vučković and Senior Associate Stefan Savić advised on the antitrust filings.


Partner and Senior 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.