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Nova KBM Expands its Presence in Slovenia Through Acquisition of Abanka
- Client News
- February 5, 2020
Paul, Weiss advised Nova KBM d.d. and funds managed by Apollo Global Management, LLC affiliates in Nova KBM’s €444 million acquisition of Slovenia-based bank Abanka d.d. from the Republic of Slovenia. Nova KBM, a portfolio company of funds managed by Apollo affiliates, is the second-largest bank in Slovenia and Abanka d.d. is the third-largest. The banks are expected to merge operations shortly.
The Paul, Weiss team advising Nova KBM and Apollo included corporate partners Ramy Wahbeh, Mark Bergman, Scott Sontag, Matthew Goldstein and David Carmona.