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CMS Advises S8 Capital on Acquisition of 100% Shares in Price.Ru from Rambler Group

CMS Advises S8 Capital on Acquisition of 100% Shares in Price.Ru from Rambler Group

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CMS Russia has advised S8 Capital on the acquisition of a 100% shares in Price.ru, an on-line shopping service, from Rambler Group, a Russian media holding company.

CMS describes the acquisition of Price.ru as a strategic move by S8 Capital to create and develop a unified, multi-functional, digital platform that will combine a number of tools and services.

Price.ru, which was launched in Russia in 1997, contains information on 23 million products and prices from four thousand stores.

According to CMS, "S8 Capital is a diversified Russian holding with the focus on creation and development of high-tech solutions and services. For the past years, companies of the group have gained unique industry-specific competences that allowed to transform into a multi-profile holding. The group has implemented over 100 projects in the retail, financial, and telecommunications sectors, as well as via e-commerce and digital media. The founder and shareholder of S8 Capital holding is the Russian businessman Armen Sarkisyan."

CMS’s Partners Vladimir Zenin and Hayk Safaryan led the team, which also included Associates Mikhail Panferov, Elizaveta Rakova, and Vladislav Eltovskiy and Junior Associate Nikolai Molostov.

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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