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CMS Russia Advises on VTB Group Acquisition of iCITY Project Stake

CMS Russia Advises on VTB Group Acquisition of iCITY Project Stake

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CMS Russia has advised the VTB Group on its acquisition of a 25.1% stake of the iCITY business center from a subsidiary belonging to Russian businessman Alexey Bogachev.

Financial details of the transaction were not disclosed.

According to CMS, the construction of the class-A business center will be jointly conducted by the MR Group and the VTB Group as a new stakeholder. The business center will be located near Moscow and will consist of 230,000 square meters. Furthermore, according to the firm, the center will feature a combination of intelligent engineering systems, complete automation, and energy-efficient solutions.

CMS Russia’s team consisted of Partners Artashes Oganov and Maxim Boulba, Senior Associate Elena Andrianova, and Associates Timur Sadvakasov, Natalia Gegechkory, Anastasia Dukhina, and Ophelia Amirova.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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