PwC Legal Ukraine has advised the majority shareholder of PJSC Dyckerhoff Cement Ukraine on the forced redemption of shares from minority shareholders.
As a result of the squeeze-out, the majority shareholder and the affiliated company now hold a 100% stake in PJSC Dyckerhoff Cement Ukraine. According to PwC Legal, the mechanism on squeeze-out appeared in Ukrainian law recently with the law of Ukraine On Amendments to Certain Legislative Acts of Ukraine on Increasing the Level of Corporate Governance in Joint Stock Companies, which came into effect on March 23, 2017.
The PwC Legal team was led by Partner Alexey Katasonov and included Head of Transactions Oleksandra Kostrytsia, Senior Associates Vadym Romaniuk and Olga Butnik, and Associate Rostyslav Grybyk.
