Allen & Overy takes finance advisory role in acquisition of CME Group by PPF

Allen & Overy has advised arrangers on the EUR1.15 billion financing of the CME acquisition by PPF Group N.V. The facilities have been fully underwritten by BNP Paribas, Crédit Agricole CIB, Credit Suisse, HSBC, Société Générale and UniCredit acting as Underwriters, Mandated Lead Arrangers and Bookrunners. Société Générale and Komerční banka are acting as facility … Continued

EY study: uncertainty reigns across international tax landscape

79% of global executives describe international tax environment as “uncertain” 82% experienced tax authority challenges to their transfer pricing over the past three years Greatest impact of global tax reform to be felt in fundamental transfer pricing rules Accelerated upheaval across the international tax landscape spurred by tax reforms across the world as well as … Continued

Deloitte Analysis: Czech Republic Remains More an Assembly Shop

The share of domestic value added in the total exports of the Czech Republic amounts on average to 61%, which is one of the lowest values globally. The countries with the highest share of domestic value added in exports are Saudi Arabia and Brunei (both 95%). On the contrary, the lowest shares are recorded by … Continued

BDO announces the merger with Moore Stephens in the Czech Republic

Effective 1 January 2020, BDO and Moore Stephens will join forces in the Czech Republic. The merger is part of a far-reaching restructuring within BDO aimed to raise the level of its total service offering.  After the merger, they will operate under the BDO name. Petr Slavíček, managing partner of BDO in the Czech Republic, … Continued