Dentons has advised GEM Capital Holdings on its all-cash offer for the entire issued and to-be-issued ordinary share capital of Volga Gas. Mayer Brown reportedly advised the issuer.
Volga Gas is a UK-based AIM-listed oil and gas exploration and production group operating in the Volga region of Russia.
GEM is a Cyprus-based investor in specialized chemicals, nano-materials, and technology companies.
According to Dentons, “The takeover was noteworthy in that it was not recommended by Volga Gas' board but was structured such that the offer was not opposed by the Volga Gas board either.”
The Dentons team included London-based Partner Neil Nicholson, Senior Associate Simon Mitchell, Associates Joe Collingwood and Charlotte Uden, and Trainee Andrew Gallagher.
