18.9.2007
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News
M&A
KSB assists Saudi Basic Industries Corporation (acquisition of GE Plastics)
Kocián Šolc Balaštík advised <a href="http://www.sabic.com/" title="Saudi Basic Industries Corporation" >Saudi Basic Industries Corporation (SABIC) on the Czech involvement in the world-wide acquisition of the plastics division from General Electric. The acquisition was completed on 31 August 2007. The deal is worth more than 11 billion USD.
The new plastics division – to be known as SABIC Innovative Plastics – will makea significant contribution to SABIC's existing plastic products portfolio andprovide access to new markets. SABIC's aim is to continue development ofthermoplastics and engineering plastics for the automobile, electronic andbuilding industries, as well as the health sector.
Other articles
29.9.2025
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News
Legal advice on RegioJet financing
KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.
8.8.2025
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News
Project Financing of a Strategic Logistics Complex in Nymburk
KŠB provided legal advice to Facility Develop Group in securing two separate financings granted by Trinity Bank. The funds will be used for the development and expansion of a large logistics park in Nymburk, which is of key importance to the infrastructure of the entire Central Bohemian Region.
