Linklaters scores E437m Serb deal

Linklaters has advised the Serbian Government in the E437m (£308m) privatisation of the two state-held tobacco companies in the largest privatisation in post-Milosevic Serbia.

The London-based firm advised the Serbian Privatisation Agency on the E387m (£272.7m) sale of its 66.45% stake in Duvanska Industrija Nis (DIN) to US tobacco giant Philip Morris after a competitive tender.

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