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White & Case advises Wirtualna Polska on PLN 1 billion acquisition of Invia Group

7 January 2025 … Global law firm White & Case LLP has advised Wirtualna Polska group on the acquisition from European Bridge Travel a.s. (EBT) of 100 percent of the shares in Invia Group SE for more than PLN 1 billion (€239.7 million). The other parties to the transaction are Rockaway Group a.s. and CITIC Europe Holdings a.s., as existing shareholders of the Invia Group and guarantors of EBT's obligations resulting from the sale of the shares.

The Invia Group operates package holiday booking platforms in Germany, Austria, Switzerland, the Czech Republic, Slovakia and Hungary. In Poland, the Invia Group operates as Travelplanet.pl.

Completion of the transaction is contingent upon satisfying certain conditions, including a decision from the President of the Office of Competition and Consumer Protection granting consent for the acquisition and approval by the Shanghai United Assets and Equity Exchange of the purchaser of Invia shares under the procedure for the sale of assets of the People's Republic of China.

The core White & Case team in Warsaw that advised on the transaction included partner Rafal Kaminski, local partner Jakub Gubanski, associates Damian Lubocki, Karolina Kalucka, Iwo Małobęcki, Dominika Czarniak, and a team of lawyers from White & Case offices in the Czech Republic, Germany and China.

Contact:

Mariusz Mroczek

Senior Business Development Manager

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.

T: + 48 22 50 50 225; M: +48 785 019 225 E-mail: mariusz.mroczek@whitecase.com