PPF Group N.V. agreed to acquire 15% stake in InPost S.A. (ENXTAM:INPST) from Advent International Corporation on May 25, 2023. Under the terms of the agreement, Advent will sell the 15% shareholding, with the option for PPF to purchase a further 15% of the Group’s total share capital at an agreed price. On completion of the initial sale, Advent will remain the largest shareholder in the Group with a 30.3% ownership stake. David Avery-Gee, Patrick Brendon, Sarah Flaherty of Weil, Gotshal & Manges (London) Llp acted as legal advisor to Advent International Corporation. Arne Grimme and Gaby Smeenk of De Brauw Blackstone Westbroek N.V. acted as legal advisor to Advent International Corporation.

PPF Group N.V. completed the acquisition of 15% stake in InPost S.A. (ENXTAM:INPST) from Advent International Corporation on June 7, 2023.