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DLA Piper Advises Sber on Acquisition of FuelUp

DLA Piper Advises Sber on Acquisition of FuelUp

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DLA Piper has advised Russian financial services company Sber on its acquisition of FuelUp.

FuelUp is a Russian company offering online services for refueling cars at gas stations.

"Using FuelUp’s capabilities, Sber intends to develop its own fuel platform for corporate and individual clients, which will be fully integrated into Sber’s digital ecosystem," the firm informed. "The new fuel platform will improve existing and create new online and offline services for refueling at gas stations and will provide Sber’s partners in the retail fuel market with tools to attract customers and improve the customer experience."

The DLA Piper team was led by Partner Leo Batalov and included Legal Director Andrei Sheetkin, Associate Alexandra Braterskaya, and Paralegal Alexandra Khvorostyanova.

DLA Piper did not respond to our inquiry on the matter.