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Kinstellar Advises Halyk Bank on USD 237 Million Cross-Border Fintech Deal with Click

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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.

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