Aleinikov & Partners has advised Alfa-Bank on its acquisition of a 99.98% stake in Fransabank from Lebanon-based Fransabank SAL and Fransa Holding SAL.
Based in Belarus, Alfa-Bank CJSC is a universal bank owned by ABH Holdings. According to its company website, the bank currently holds eighth position in terms of assets and equity in the Belarusian banking market. Fransabank is the Belarusian subsidiary of Lebanon’s Fransabank SAL.
Aleinikov & Partners’ team included Partner Dmitry Matveyev, Senior Associates Anna Tsymbalist and Ksana Sidoruk, and Associate Elena Odintsova.
The firm could not provide additional information on the deal.