CMS Advises AnaCap on Sale of Equa Bank

International law firm CMS has advised AnaCap Financial Partners (AnaCap), a leading financial services specialist mid-market private equity investor, on its sale of Equa bank (Equa) to Raiffeisen Bank International AG (RBI) through its Czech subsidiary Raiffeisenbank a.s. Based in the Czech Republic, Equa is an award-winning, tech-enabled full-service bank that focuses on private individuals … Continued

Portus Praha Organizes Virtual Run for the Mentally Handicapped

“Run And Help With Us” From 15 to 30 April 2021, the first year of a virtual charity run to support people with mental disabilities will take place. Anyone and anywhere can join the run – runners, walkers, amateurs, professionals, littles or big ones, young or old and help those who need it. Portus Praha … Continued

Allen & Overy: NET4GAS dual-tranche issuances confirm company’s strong position with investors

Allen & Overy has advised Česká spořitelna as sole arranger and coordinator and joint lead manager, and Komerční banka and Československá obchodní banka as joint lead managers, on two domestic issuances of Czech Koruna-denominated (CZK) bonds by NET4GAS, the Czech gas transmission operator, in a total volume of nearly CZK 11 billion (i.e., equivalent to around … Continued

The 12th Year of The Act of the Year Survey Has Just Begun

You can vote until 11 April 2021 in another year of the Survey The Act of the Year 2020 organised by Deloitte Legal. Members of the nomination committee have chosen five legal regulations for the final voting, e.g. the Act on Bank Identity, the Water Act Amendment or the legal regulation that amends some of … Continued

Deloitte’s Sports Business Group estimates that Football Money League clubs will miss out on revenue of over €2 billion by end of the 2020/21 season due to the COVID-19 pandemic

The 24th edition of the Deloitte Football Money League profiles the financial performance of the highest revenue generating clubs in world football during a disrupted 2019/20 season; This year’s top 20 Money League clubs generated €8.2 billion, a decline of 12% compared to 2018/19 (€9.3 billion); This €1.1 billion decrease is explained by: a €937m … Continued

Allen & Overy: Komerční banka achieves negative yield on its debut entry to the international debt capital markets

Allen & Overy announced today that it has advised Komerční banka on the establishment of its first EUR5 billion international mortgage covered bond programme and the inaugural issuance and placement of EUR500 million mortgage covered bonds (MCBs) on the international capital markets. Komerční banka (KB) achieved negative yield as the first-ever Czech non-sovereign issuer of … Continued

3 Ways That Astra Will Help You Reach Your Financial Goals

We are an independent financial consultancy company with an international presence in Europe and Asia. Our team strive to maintain the highest possible standards to deliver industry-leading products from our global partners that best suits our clients. Astra is remunerated directly by the product providers in the form of fees and/or commissions. We do not receive … Continued

Disinformation As a Lucrative Business for Various Media Platforms

In a previous study PSSI researchers outlined how disinformation works as a lucrative business for various media platforms. One of their most significant sources of revenue is online advertisement. Fortunately, PR agencies and private companies are increasingly aware of this problem. In their most recent study, PSSI researchers map the attitudes of relevant stakeholders towards … Continued