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Vasil Kisil Advises UBG on Dobrobut Medical Centers Share Sale

med.dobrobut.com

Ukraine
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Vasil Kisil & Partners has announced that it has acted as legal advisor to the UBG Corporation in its February sale of shares in the Ukrainian Dobrobut medical clinic chain to Concorde Capital and Oleg Kalashnikov, the co-owner of the Luxoptica chain in Ukraine.

The value and terms of the deal were not disclosed, and the firm expects the transaction to completely close by the end of 2014.

According to a statement released by VKP, Dobrobut Medical Centres have been offering private medical services since 2001. The chain consists of eight clinics in Kiev and Donetsk which, combined, treat approximately 25 thousand patients a month.

Vasil Kisil & Partners supported UBG in all stages of the transaction, including negotiations, drafting security documents (including the Share Purchase Agreement and Shareholders Agreement), advising on escrow arrangements for both parties to the transaction, and consulting on other issues related to the implementation of the deal. The VKP team was led by Partner Anna Babych and included Corporate/M&A Senior Associate Oksana Krasnokutska and Associates Yaroslav Lepko and Olena Malets. 

 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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