The Moscow, London, Hong Kong, and Shanghai offices of Debevoise & Plimpton have advised Polyus Gold International Limited in connection with its agreement to sell an up to a 15% stake in PJSC Polyus for a total consideration of up to approximately USD 1.4 billion to a consortium led by Fosun International Limited and including Hainan Mining Co., Ltd and Zhaojin Mining Industry Company Limited. Norton Rose Fulbright advised the buyers.
Akin Gump has advised PJSC Lukoil on the sale of 100% of the shares in JSC Arkhangelskgeoldobycha Diamond Mining Company, one of Russia’s largest diamond miners, to the Otkritie Group. As reported previously, the buyers were advised by Skadden, Arps, Slate, Meagher & Flom.
Ilyashev & Partners has successfully represented SE Confectionery Corporation ROSHEN, PJSC Kharkiv Biscuit Factory, PJSC Confectionery Factory Kharkivyanka, and PJSC Poltavakonditer in an anti-dumping investigation related to the import into Ukraine of certain types of chocolate and other food products containing cocoa powder manufactured in the Russian Federation.
The 2017 CEE Legal Matters General Summit took place at the Intercontinental Hotel in Warsaw on June 1-2, 2017, once again bringing together well over a hundred General Counsel and Heads of Legal from across Central and Eastern Europe for two full days (and one entertaining evening) of seminars, panel discussions, best practices review, and networking. This year’s event — the third annual, following the 2015 GC Summit in Budapest and the 2016 GC Summit in Istanbul — was the biggest and most successful yet.
On May 31 and June 1, 2017, CEE Legal Matters was proud to host a rare event: A gathering of those senior lawyers from each Central and Eastern European country identified by peers as being most influential, most important, most uniquely responsible for having created the country’s modern commercial legal market.
DLA Piper has advised steel producer EVRAZ on its sale of the entire issued share capital of Kadish Limited, the holding company of EVRAZ Sukha Balka, a Ukrainian enterprise specializing in iron ore underground mining, to Berklemond Investments Ltd, a company of the DCH Group, for USD110 million of gross consideration, adjustable for the actual level of working capital and debt.
DLA Piper has advised Guard Capital, a venture capital fund specializing in telecom and Internet projects, on the sale of a 79.6% stake in DocDoc.ru, an e-medicine company in Russia, to Sberbank. Sberbank was represented by CMS on the deal, which sees the remaining stake belong to the founder of DocDoc.ru and its key management.
Clifford Chance has advised EVRAZ plc, the London-listed globally integrated steel, mining. and vanadium company, on its disposal of the entire issued share capital of its fully owned subsidiary Joint Stock Company EVRAZ Nakhodka Trade Sea Port to its majority shareholder Lanebrook Limited for a cash consideration of USD 354.4 million. Latham & Watkins advised Lanebrook Limited on the deal.
November 7th 2017