{"id":6474,"date":"2018-10-17T19:19:19","date_gmt":"2018-10-17T19:19:19","guid":{"rendered":"https:\/\/zslawv2.52improvements.com\/zivkovic-samardzic-advises-pivka-on-debt-to-equity-swap-and-minority-shareholder-buyout\/"},"modified":"2026-07-06T07:57:32","modified_gmt":"2026-07-06T07:57:32","slug":"zivkovic-samardzic-advises-pivka-on-debt-to-equity-swap-and-minority-shareholder-buyout","status":"publish","type":"post","link":"https:\/\/www.zslaw.rs\/sr\/zivkovic-samardzic-advises-pivka-on-debt-to-equity-swap-and-minority-shareholder-buyout\/","title":{"rendered":"\u017divkovi\u0107 Samard\u017ei\u0107 advises Pivka on debt-to-equity swap and minority shareholder buyout"},"content":{"rendered":"<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\"> \u017divkovi\u0107 Samard\u017ei\u0107, a leading independent law firm in Serbia, advised Pivka perutninarstvo d.d. (Pivka), a Slovenian joint-stock company, on converting debt owed by its Serbian subsidiary, Pivka-S, into equity. The firm also assisted in the buyout of shares held by minority shareholder and director Milutin Niki\u0107. Following the transaction, Pivka became the sole shareholder of Pivka-S, while Mr. Niki\u0107 remained its sole director.<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">The share capital of Pivka-S was increased through the debt-to-equity conversion, without affecting the equity ratio. Mr. Niki\u0107 transferred his shares in Pivka-S to Pivka under a Share Purchase Agreement, while continuing to manage the subsidiary.<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">Pivka, with a 60-year tradition, is a regional leader in modern chicken meat production and owns well-known brands like Njami, Delamaris, and Pivka.<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">The \u017divkovi\u0107 Samard\u017ei\u0107 team advising Pivka was led by <a href=\"https:\/\/www.zslaw.rs\/sr\/portfolio\/sava-pavlovic\/\">\u0421\u0430\u0432\u0430 \u041f\u0430\u0432\u043b\u043e\u0432\u0438\u045b<\/a>, Corporate and M&amp;A Partner.<br \/>\n<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>\u017divkovi\u0107 Samard\u017ei\u0107, a leading independent law firm in Serbia, advised Pivka perutninarstvo d.d. (Pivka), a Slovenian joint-stock company, on converting debt owed by its Serbian subsidiary, Pivka-S, into equity. The&#8230;<\/p>","protected":false},"author":3,"featured_media":90009,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76],"tags":[75,80,111],"class_list":["post-6474","post","type-post","status-publish","format-standard","has-post-thumbnail","category-deals-and-cases","tag-corporate-and-ma","tag-sava-pavlovic","tag-igor-zivkovski"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/6474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/comments?post=6474"}],"version-history":[{"count":1,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/6474\/revisions"}],"predecessor-version":[{"id":90344,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/6474\/revisions\/90344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media\/90009"}],"wp:attachment":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media?parent=6474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/categories?post=6474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/tags?post=6474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}