Borislav Boyanov & Co. Advises Allied Irish Banks (AIB)

May, 2008 - Sofia, Bulgaria

Borislav Boyanov & Co. advised Allied Irish Banks, Ireland’s leading banking and financial services organization, on the acquisition of a 49.99% interest in BACB, a specialist provider of secured finance to small and medium sized companies in Bulgaria. Borislav Boyanov & Co. advised on Bulgarian law matters relevant to the share purchase agreement. The transaction is expected to be completed by the end of 2008 subject to obtaining a merger control clearance and regulatory approval by the central bank of Bulgaria.

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