Avellum has advised Saggarco Ltd on the acquisition of a 99.91% stake in PJSC Marfin Bank from Cyprus Popular Bank Public Co Ltd (“CPB”). DLA Piper reportedly advised the sellers on the deal.
Baker McKenzie’s Kyiv office has advised the International Finance Corporation, on its provision of an eight-year loan worth around UAH 400 million (about USD 15 million) to Auchan Retail to finance the food retail chain's long-term investments in Ukraine.
In The Corner Office we invite Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. The question this time around: Is your personal practice more or less the one you anticipated when you finished law school, or did it change somehow in the interim?
Avellum has advised its longstanding client Kernel Holding S.A. on the acquisition of 100% of shares in a large-scale farming business that manages over 190,000 hectares of leasehold farmland and approximately 200,000 tons of grain storage capacity. The value of the deal was USD 155 million. The Antimonopoly Committee of Ukraine approved the acquisition in May 2017.
DLA Piper has launched its 2017 All-Ukraine Competition for Law Students.
Sayenko Kharenko has acted as Ukrainian legal counsel to joint lead managers J.P. Morgan Securities plc and ING Bank N.V., London Branch in connection with the cash tender offer with respect to USD 750 million 8.25 percent notes due 2020 and the issue of new USD 500 million 7.75 percent notes due 2024 by MHP S.A. MHP was advised by Avellum on Ukrainian law and Freshfields on English law.