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Kinstellar Advises Alpha Bank on Divestiture of Shares in Moldavian Victoriabank to EBRD

Kinstellar Advises Alpha Bank on Divestiture of Shares in Moldavian Victoriabank to EBRD

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Kinstellar’s team in Bucharest has advised Alpha Bank Romania on the divestiture of its shares in the Chisinau-listed Moldavian bank, Victoriabank S.A., to the EBRD.

The deal was structured via an in-kind contribution in a Dutch SPV and subsequent sale of the subscribed shares to EBRD. The transaction covered three jurisdictions—Romania, Moldova, and the Netherlands—and Kinstellar acted as a lead counsel for Alpha Bank, coordinating Dutch and Moldavian counsel.

The Kinstellar team was led by Partner Razvan Popa, supported by Managing Associate Zsuzsa Csiki.

Kinstellar did not reply to our inquiries about counsel for the EBRD or the Moldavian counsel on the deal.

Image Source: old.victoriabank.md   

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