Freshfields advises UniCredit Bank Austria on its acquisition of an acquiring portfolio from Fiserv

Global law firm Freshfields has advised UniCredit Bank Austria AG on the acquisition of an acquiring portfolio comprising approximately 2,500 Austrian merchant customers from First Data GmbH, a company of the Fiserv Group. The transaction includes a payment services portfolio as well as related technical service agreements.

The matter was led by a cross-border Freshfields team from Vienna and Frankfurt. The mandate highlights Freshfields' strength in advising on complex cross-border financial services transactions.

The Freshfields team comprised:

Lead: Partners Florian Klimscha (Finance), Farid Sigari-Majd (M&A, both Vienna), Counsel Jan Biermann (Financial Services M&A, Frankfurt), Principal Associates Eva Schneider (Financial Services Regulation, Vienna), Friederike Sibbe (Financial Services M&A, Hamburg) and Associate Carolina Gerstacker (M&A, Vienna)

Partners: Lutz Riede (Data Protection, IP/IT, Vienna/Düsseldorf), Maria Dreher-Lorjé (Antitrust, Vienna/Brussels), Katharina Kubik (Tax), Karin Buzanich-Sommeregger (Employment Law), Stephan Denk (Foreign Direct Investment, all Vienna), Alexander Glos (Financial Services Regulation) and Tanja Walter-Yadegardjam (Tax, both Frankfurt)

Counsel: Philipp Roos (Data Protection, IP/IT, Düsseldorf) and Lukas Pomaroli (Foreign Direct Investment, Vienna)

Principal Associates: Christoph Wanek (Antitrust), Andreas Langer (Tax, both Vienna), Hendrik Menzel (Tax, Frankfurt) and Jan Struckmann (Financial Services Regulation, Düsseldorf)

Associates: Sidar Yaylagül, Benedikt Graf, Katharina Galavics (all Financial Services Regulation), Verena Rocard (Data Protection, IP/IT) and Rosa Glunz (Tax, all Vienna)