Avellum has advised PJSC Ukrnafta on obtaining unconditional merger clearance from the Antimonopoly Committee of Ukraine to manage Tatneft.
Ukrnafta is Ukraine’s largest oil producer operating 545 petrol stations.
According to Avellum, the clearance enablers Ukrnafta to take “under management seized assets of Tatneft-AZS-Ukraine, Kharkiv-Capital, and Poltava-Capital. As a result of this agreement, a network of more than 50 petrol stations and other assets, such as oil depots, will be taken over by the state management.”
The Avellum team included Partner Mykyta Nota, Counsel Anton Arkhypov, and Associate Veronika Humeniuk.
