DTB Assists PPD in Selling 50% Shares in TMF, Majority Shareholder of Petrokemija d.d.
DTB Assists PPD in Selling 50% Shares in TMF, Majority Shareholder of Petrokemija d.d.
November 2022
Divjak Topic Bahtijarevic & Krka (DTB) has assisted Prvo plinarsko drustvo, the leading subsidiary of the largest Croatian private company ENNA, in the disposal of its participation in joint venture company Terra Mineral Fertilizer Ltd. (“TMF”). TMF is the largest shareholder of the only Croatian fertilizer company – Petrokemija. The majority stake in Petrokemija has been sold to Turkish conglomerate Yildrim Group, and the completion of the transaction is subject to customary approvals of regulators in several jurisdictions. DTB has assisted Prvo plinarsko drustvo with M&A, competition, and employment matters.
DTB team engaged in this matter includes senior partner Damir Topic, senior partner Mario Krka (Competition), attorneys Dina Salapic (M&A) and Andrej Zmikic (Employment), Ana-Marija Sunko (Competition), and associates Lorena Micik and Andrija Duvnjak.
November 2022
Divjak Topic Bahtijarevic & Krka (DTB) has assisted Prvo plinarsko drustvo, the leading subsidiary of the largest Croatian private company ENNA, in the disposal of its participation in joint venture company Terra Mineral Fertilizer Ltd. (“TMF”). TMF is the largest shareholder of the only Croatian fertilizer company – Petrokemija. The majority stake in Petrokemija has been sold to Turkish conglomerate Yildrim Group, and the completion of the transaction is subject to customary approvals of regulators in several jurisdictions. DTB has assisted Prvo plinarsko drustvo with M&A, competition, and employment matters.
DTB team engaged in this matter includes senior partner Damir Topic, senior partner Mario Krka (Competition), attorneys Dina Salapic (M&A) and Andrej Zmikic (Employment), Ana-Marija Sunko (Competition), and associates Lorena Micik and Andrija Duvnjak.
