CMS Advises EBRD-Led Consortium on Acquisition of Stake in Moldova Agroindbank

CMS Advises EBRD-Led Consortium on Acquisition of Stake in Moldova Agroindbank

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CMS Kyiv has advised a consortium consisting of the EBRD and private equity firms AB Invalda INVL and Horizon Capital on their acquisition of a 41.09% stake in B.C. Moldova Agroindbank S.A, Moldova’s largest commercial bank, at an auction held by Moldova’s Public Property Agency.

According to an EBRD press release, the consortium is expected to “bring the highest standards of corporate governance, new technologies and effective structures to strengthen the performance of Moldova’s leading bank, improve lending services for small businesses and support the wider economy."

The CMS team was led by Partner Graham Conlon and Counsel Tetyana Dovgan, with support from lawyer Diana Pysarenko, Associate Jamie Burgess, and Trainee Solicitors Julian Goering and Kirsten Mansfield.