Deals & Cases

Borislav Boyanov & Co. represents Minister for Finance of Ireland in relation to local merger clearance


Borislav Boyanov & Co., acting on behalf of the Minister for Finance of Ireland, successfully obtained clearance for the concentration resulting from the proposed participation of the Irish National Pensions Reserve Fund in a EUR 6.6 billion capital raising by Allied Irish Banks plc (AIB).

AIB holds a minority 49.99% interest in Bulgarian-American Credit Bank (BACB), Sofia.

The transaction was unconditionally cleared by the Commission for the Protection of Competition by a decision dated December 7, 2010.

Borislav Boyanov & Co.’s team was led by partner Peter Petrov.