The IPM-Consult law firm has advised one of the companies in the TVOE Group on its acquisition of shares of OJSC Baranovichi Sewing Factory belonging to the the Republic of Belarus. The number of shares acquired and the transaction price were not disclosed.
Sayenko Kharenko, working with global advisors Fenwick & West (leading transaction counsel) and Allen & Overy (coordinating counsel), has advised Shanghai Giant Network Technology Co. on Ukrainian aspects of the USD 4.4 billion all-cash acquisition made by a consortium of Chinese private equity firms of Playtika Ltd (Playtika), one of the world’s largest social casino gaming companies, from Caesars Interactive Entertainment (CIE). Sorainen advised on Belarusian matters.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.
Belarus — squeezed as it is uncomfortably between Ukraine and Russia both geographically and economically — continues to suffer from the ongoing crises in and conflict between the two, according to Sorainen Belarus Managing Partner Kiryl Apanasevich, as well as the indirect but continuing affects of foreign sanctions, imposed on Russia as its closest trade partner and largest investor.