International Personal Finance to Acquire MCB Finance Group
OREANDA-NEWS. December 30, 2014. SORAINEN acted as local counsel for International Personal Finance, a leading international home credit business serving 2.6 million customers in Poland, the Czech Republic, Slovakia, Hungary, Mexico, Romania, Lithuania and Bulgaria, on its intended acquisition of the entire share capital of MCB Finance Group plc including control over its subsidiaries in the Baltics (operating under the name “Credit24”).
The intended acquisition values the share capital of MCB Finance Group at approx EUR 30 million.
The client was advised by partners Tomas Kontautas and Rudolfs Engelis, senior associates Augustas Klezys, Mantas Petkevicius, Santa Rubina, Piret Lappert and Vyte Danileviciute, associates Jurgita Nikita, Edvins Draba and Gerly Lohmus.
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