Prague—Global law firm Dentons advised Penta on the acquisition of Rextim Holding, the parent company of ČSAD Praha Holding, which owns the Florenc bus station in the center of Prague, the neighboring “Bastion Florenc” office building, historical buildings on Washingtonova, Perlova and Křižíkova streets, as well as development sites in Smichov and Rohan.
Thanks to this milestone transaction, Penta can continue with the development of a new urban district in the vicinity of Prague’s Masaryk railway station connecting the diverse surrounding districts of Nové Město, Karlín and Žižkov. The project is based on the winning entry in the Florenc21 urban planning competition that took place in 2021.
Partner Monika Kajanková led Dentons’ transactional team, which included associates Jan Sedlák and Jan Blažek.
Monika Kajanková commented: “We are proud that Penta selected Dentons to advise on the transaction and contribute to the large development project, which will transform the wider center of Prague.”
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
