Spasov & Bratanov acted as a local counsel for MTG (in support of Allen & Overy, a leading international counsel, and the M&A team of MTG) and provided Bulgarian law advice on the sale of their shareholding in Nova Broadcasting Group (“Nova”) in Bulgaria to Advance Media Group. Nova is a national TV broadcasting operator operating directly and/or through subsidiaries on various media markets, such as online, print and TV advertising, free-to-air and pay-TV services, email services, video – sharing platform, etc. The transaction is subject to local regulatory approval by the Competition Protection Commission. Georgi Spasov and Nayden Raychinov as core members of our M&A practice have been directly involved at all stages of the transaction, well supported by Vladimir Tashev, while Kremena Yaneva – Ivanova provided the relevant competition advice on the Bulgarian merger clearance aspects.

Date: 6 March 2019

Source: Spasov & Bratanov Lawyers’ Partnership


More Posts

Spasov & Bratanov successfully defended an individual against a claim for invalidity of the contract, on the basis of which this individual acquired interest in a limited liability company. The

Read More »

Spasov & Bratanov has advised Beijer Ref AB on all aspects of its entry into the Bulgarian market through the acquisition of a majority sharestake in Condex AD, a leading

Read More »

Spasov and Bratanov advised DBS Bank LTD, acting as arranger and Madison Pacific Trust Limited, acting as agent and security agent on making available certain facilities in excess of 1

Read More »

Spasov and Bratanov advised AES Bulgaria, the largest investor in the energy field in Bulgaria and one of the largest independent global energy producing companies, on borrowing Euro 150 million

Read More »