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Debevoise & Plimpton has advised Sberbank on the acquisition of a 75% stake in 2GIS, an international digital maps and city guides company that provides "geo-information and hyperlocal services" to about 50 million users.

Debevoise & Plimpton is advising PAO TMK, a producer of tubular products for the oil and gas industry, on the repurchase of its regular shares by subsidiary Volzhsky Pipe Plant JSC, and on the prospective delisting of TMK’s global depositary receipts from the London Stock Exchange.

In The Corner Office feature of CEE Legal Matters we ask Managing Partners at leading law firms across Central and Eastern Europe about their unique roles and responsibilities. In light of current events, the question for this online occurrence of the feature is: "What have been the top three most often asked COVID-19 related questions that you have gotten from clients in the last month?

The Moscow and London offices of Debevoise & Plimpton have advised PJSC MMC Norilsk Nickel on in its USD 750 million Eurobond offering due 2024 with a coupon rate of 3.375% per annum, the lowest coupon ever achieved by Nornickel on a USD transaction.

Akin Gump has advised Russian Internet and IT company Mail.ru on the formation of a joint venture with the Alibaba Group, a global digital commerce company, PJSC MegaFon, a pan-Russian operator of digital opportunities, and the Russian Direct Investment Fund, Russia’s sovereign wealth fund. Cleary advised MegaFon on the deal, while Linklaters advised the Russian Direct Investment Fund. Debevoise advised Alibaba.

During the last decade, customary business processes have been disrupted by new financial technologies such as blockchain, cryptocurrencies, blockchain tokens, and smart contracts. The appropriate regulation is on its way in Russia, as Russian regulators have recently shifted their focus from imposing a ban on cryptocurrencies to looking for ways to regulate the new relationships. As a result of prolonged discussion about the legal nature of tokens and cryptocurrencies, the authorities have come up with two bills designed to set a cornerstone for Russian regulation of the digital economy.

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