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Asters Advises Smart Holding on Sale of Unex Bank

Asters Advises Smart Holding on Sale of Unex Bank

Ukraine
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Asters has advised Withine Investments LTD, a subsidiary of Ukrainian industrial and investment group Smart Holding, on the sale of JSC Unex Bank to Dragon Capital Investments Limited and Ivan Svitek.

Closing is planned for the first quarter of 2021, pending regulatory approval. The parties did not disclose any financial details.

Asters' team included Senior Partner Armen Khachaturyan and Senior Associate Maksym Tereshchuk.

Asters could not provide additional information on the deal.

Editor's note: After this article was published, Aequo informed CEE Legal Matters that it advised the buyers on the deal. According to the firm, the deal closed on April 15, 2021, following the approvals of the Antimonopoly Committee of Ukraine and the National Bank of Ukraine. The firm's team included Partners Yulia Kyrpa and Sergiy Denisenko, Counsel Bohdan Dmukhovskyy, Senior Associates Mykhaylo Soroka and Yevgen Blok, and Associates Anna Potapova, Olesia Mashtaler, and Yevheniia Chernetsova.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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