03 May JPM advises on I.KOM takeover transaction

JPM has advised on takeover of I.KOM, one of the largest players in cable TV, broadband internet and telephone industry in Serbia, during the takeover by its competitor SBB.

After a complex and lengthy investigation procedure conducted by the Serbian Competition Commission, the transaction was conditionally approved and closed in late April 2017.

I.KOM is a leading cable TV, broadband internet and telephone service provider on Belgrade market, currently expanding onto broader Serbian market. SBB is a member of the group dominating regional TV/telephone/broadband markets.

Partners Marko Jovkovic and Jelena Gazivoda led the JPM team advising on the M&A process, while partner Nikola Poznanovic advised on associated competition law aspects of the transaction.