M&A Deal Summary

PPF Financial Holdings Acquires Mobi Banka

On June 15, 2018, PPF Financial Holdings acquired financial services company Mobi Banka from Telenor

Acquisition Highlights
  • This is PPF Financial Holdings’ 3rd transaction in the Financial Services sector.
  • This is PPF Financial Holdings’ 1st transaction in Serbia.

M&A Deal Summary
Date 2018-06-15
Target Mobi Banka
Sector Financial Services
Buyer(s) PPF Financial Holdings
Sellers(s) Telenor
Deal Type Divestiture

Target

Mobi Banka

Belehrad, Serbia
Mobi Banka specializes in the provision of innovative online financial services. It is the first fully mobile/online bank on the Serbian market. Mobi Banka was founded in 2014 and is based in Belehrad, Serbia.

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Buyer(S) 1

Buyer

PPF Financial Holdings

Prague, Czech Republic
Category Company
Sector Financial Services
DESCRIPTION

PPF Financial Holdings serves as an umbrella for PPF Group’s financial-sector investments. In all markets of its international operations, PPF Financial Holdings is dedicated to programs to support financial literacy and responsible management of personal finances. PPF Financial Holdings was formed in 2014 and is based in Prague, Czech Republic.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Divestiture) 1 of 1
Country (Serbia) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 PPF banka

Prague, Czech Republic

PPF banka is a modern bank for corporate, public, and private sector customers specialises in trading on financial and capital markets and providing financing services for projects, exports, and acquisitions. PPF banka was founded in 1992 and is based in Prague, Czech Republic.

Buy -

Seller(S) 1

SELLER

Telenor

Fornebu, Norway
Category Company
Founded 1855
Sector Communications
Employees11,000
Revenue 80.5B NOK (2023)
DESCRIPTION

Telenor is a Norwegian multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor was founded in 1855 and is based in Fornebu, Norway.

DEAL STATS #
Overall 5 of 12
Sector (Financial Services) 1 of 1
Type (Divestiture) 5 of 11
Country (Serbia) 1 of 2
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-14 appear.in

Oslo, Norway

appear.in is a web based video collaboration tool that lets you have video conversations. appear.in was established in 2013 and is based in Oslo, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Yettel

Belgrade, Serbia

Yettel is a provider of mobile services. Yettel was founded in 1994 and is based in Belgrade, Serbia.

Sell -
Mergr

Product

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