Hellmann’s gave away a ton of potato salad to single parents

On Thursday, 21 December, Hellmann’s representatives went to a total of 60 charities across the Czech Republic to deliver thousands of prepared portions of potato salad to single parents. The Hellmann’s brand has been giving away potato salad to people in need in the Christmas season for four years now, and this year, their donation … Continued

The Prague Bird & Bird M&A team advised ARICOMA, a KKCG Group company, on a strategic IT divestment on the Czech market

The Czech transactional team advised ARICOMA, a leading European IT services provider, on the strategic sale of its cloud computing specialist company Cloud4com (C4C) and Data Centre Lužice to České Radiokomunikace, a leading digital infrastructure provider on the Czech market and a subsidiary of Cordiant Digital Infrastructure fund. ARICOMA Group provides services involving IT infrastructure, … Continued

Allen & Overy advises on Cordiant Digital’s Czech portfolio expansion

Allen & Overy announced today that it has advised Cordiant Digital Infrastructure Ltd’s (LSE:CORD) Czech portfolio company České Radiokomunikace (CRA) on its acquisition of two notable businesses in the data centre and cloud services sector, Cloud4com and DC Lužice, from Aricoma Group. Cloud4com is set to be acquired for an initial consideration of CZK870mn (GBP30.7mn), … Continued

Contribute to the proper education of the young generation with DofE’s Stand By Me programme

The Duke of Edinburgh International Award (DofE) builds the character and attitude that research shows businesses prioritise over academic results. No other programme offers the same range of experiences and opportunities. Preparing young people for the future The Stand By Me programme helps young people develop essential skills for work and life, such as problem-solving … Continued

Clifford Chance advises KKCG in relation to the acquisition of global technology platform Avenga

Clifford Chance played a significant role in advising and facilitating KKCG’s recent acquisition of a 100% share in the end-to-end software engineering and consulting platform Avenga from funds managed by Oaktree Capital Management, L.P. and funds managed by Cornerstone Investment Management, L.P. Clifford Chance not only guided KKCG through the intricacies of the transaction as … Continued

Aisa International: Addressing the Pension Crisis

The Czech government is introducing a new savings product from 2024. The expectation is that the proposed Long Term Investment Product (DIP) will encourage more people to increase the amount they invest for retirement and the product is to be available from 1 January 2024. While it is not labelled as a pension, the DIP … Continued