News & Deals


Borislav Boyanov & Co. Advises GSHL on the Acquisition of CSKA, Sofia Football Club

Borislav Boyanov & Co. advised Global Steel Holdings Limited  on the acquisition of control over CSKA, Sofia one of the leading football clubs in Bulgaria. The firm’s team was involved in all aspects of the transaction, including due diligence, transaction structuring and merger clearance. In relation to the merger the Bulgarian competition authority for the […]


Warburg Pincus Acquires Pay-TV Operator Eurocom Plovdiv

Borislav Boyanov & Co. advised and represented Warburg Pincus (WP) in its acquisition of the largest Pay-TV operator in Plovdiv – Eurocom Plovdiv and its group (value above EUR 22 million). This acquisition, together with the acquisition of Eurocom Cable, made WP the largest player in the Bulgarian Pay-TV market. Borislav Boyanov & Co. were responsible for […]


Borislav Boyanov & Co. Advised Enel in Respect of its Acquiring Full Control of Maritsa East 3 Power Plant

The firm advised Enel Produzione SA in 2003 on its participation as main sponsor together with the Entergy, USA in a €580 million project finance transaction involving the privatisation and modernisation of one of the biggest thermal power stations in Bulgaria (Maritsa East 3 Project). In a subsequent transaction Enel acquired the stake held by Entergy in the […]


News Corporation Acquires Local Radio Group

News Corporation, acting through its local subsidiary Balkan News Corporation, acquired a controlling interest in Radiocompany CJ, which operates or advises a number of radio stations in Bulgaria, including N-Joy, Z-Rock, Melody, Jazz FM and others. The acquisition extends the existing foothold of News in other media markets (most notably free-to-air television through bTV the first national private FTA […]


Wing Equity, an Austrian Private Equity Investor, Acquires Devin AD

The partnership advised Wing Equity, an Austrian private equity fund in acquiring Devin, a local group, being among the  market leaders in bottled mineral water. Borislav Boyanov & Co. was responsible for the legal due diligence of the target companies, the structuring of the transaction and its financing, drafting of the transaction and financing documents and obtaining of […]


Borislav Boyanov & Co. Advises CosmOTE on Bulgarian Merger Clearance for the Acquisition of Germanos

The firm succesfully obtained merger clearance for CosmOTE of its proposed acquisition of control over Greek electronics distirbutor Germanos. In Bulgaria CosmOTE owns  Cosmo Bulgaria Mobile EAD (Globul),  the second-largest mobile phone operator. Germanos operates in Bulgaria one of the largest chains of retail outlets for mobile handsets and other electronics. Borislav Boyanov & Co.’s team was […]


Licensing and Incorporation of Two Bancassurance Joint Ventures

The firm successfully completed the licensing and setting up of two local companies, active in life and general insurance under a bancassurance model. The two companies are jointly owned by subsidiaries of AIG and the National Bank of Greece. In addition to licensing, the project involved obtaining a merger clearance from the Bulgarian Commission on […]