Kinstellar has advised Halyk Bank on a USD 237 million partnership with Click. Dentons reportedly advised Click.
Click is an Uzbekistan-based fintech platform. According to Kinstellar, under the terms of the deal, Halyk will acquire a 49% stake in Click for USD 176.4 million, while Click’s shareholders will acquire a 49% stake in Halyk’s Uzbek subsidiary, Tenge Bank, for USD 60.76 million.
The Kinstellar team included Slovakia-based Partner Hugh Owen as well as further lawyers in Kazakhstan and Uzbekistan.
