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Haitong Bank’s Warsaw Branch has acted as the Financial Adviser to WP Holding in a transaction to acquire 100% shares of Invia Group – a European travel group with operations in Germany, Austria, Switzerland, Czech Republic, Slovakia, Hungary, and Poland. The value of the transaction is around EUR 240 million.
WP Holding is a technology-focused holding company operating across three online verticals: travel, media, and consumer finance. WP Holding is listed on the Warsaw Stock Exchange since 2015.
The closing of the transaction is subject to regulatory approvals.