IFLR1000

TBC Bank Group €121 million acquisition of Bank Republic

23/9/2016
Public acquisition
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€ 121 million

$ 135.592 million

Completed

23/9/2016

Overview:

  • TBC Bank Group, the second largest bank in Georgia has acquired a 93.64% stake in Bank Republic for €121 million from Société Générale.
  • The deal is expected to complete before the end of 2016.

Sam Duke - Editor

Jurisdiction:

Georgia

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Banking

Firms:
Baker McKenzie

Party: TBC Bank (Acquirer)

Dentons

Party: TBC Bank (Acquirer)

Lawyer: Avto Svanidze

Gide Loyrette Nouel

Party: Société Générale (Seller)

Lawyer: Jean-Gabriel Flandrois

MKD Law

Party: Société Générale (Seller)

Lawyers: David Metskhovrishvili, Giorgi Kankava, Natalia Babakishvili, Victor Kipiani

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