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Goltsblat BLP Advises Alfa-Bank on Pay-Me Share Acquisition

Goltsblat BLP Advises Alfa-Bank on Pay-Me Share Acquisition

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Goltsblat BLP has advised Alfa-Bank on the acquisition of a portfolio of shares in Pay-Me, a mobile acquiring services company. As a result, the bank has obtained a full block of shares from the previous project investors.

According to Goltsblat BLP, "the aim of the cooperation is a new product range for a business to implement trade receivables of goods and services: the Alfa-Kassa POS-kit, the Pay-Me mobile acquiring services, and equipment installation, maintenance, and customization services. Moreover, investments will be focused on the company’s development and strengthening its position in the Russian, Kazakh, and other CIS countries’ markets." 

The Pay-Me mobile acquiring service allows the use of the VISA, MasterCard, and MIR payment cards for payment through the mPOS terminal and the iOS, Android, and Windows mobile applications.

The Goltsblat BLP team was led by Partner Anton Panchenkov and included Senior Associate Dmitry Antipin, Associate Dmitry Sheludyaev, and Junior Associate Ragima Rashkueva.  

 

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 office in 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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