Through the transaction, KBC Group further expands its Bulgarian core business, which includes United Bulgarian Bank (UBB), and strengthens its #3 position in the Bulgarian banking market. The E+ H team under the leadership of partners Dr. Alric A. Ofenheimer (Corporate/M&A) and Josef Schmidt, LL.M. (Corporate/M&A, Banking & Finance) advised alongside Kinstellar Sofia, led by Diana Dimova and EY as financial/tax advisor.

Advisors to KBC:

E+H Eisenberger + Herzog Rechtsanwalts GmbH Dr. Alric A. Ofenheimer (Partner, Corporate/M&A), Josef Schmidt, LL.M. (Partner, Corporate/M&A, Banking & Finance), Dr. Laurenz Liedermann (Partner, Banking & Finance), and Johannes Helm, LL.M. (Associate, Corporate/M&A)