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Asters Advises Vitol on Sale of 50% of Shares in Geo-Alliance Oil-Gas Public Limited

Asters Advises Vitol on Sale of 50% of Shares in Geo-Alliance Oil-Gas Public Limited

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Asters, working with Slaughter and May, has advised Arawak Energy Ukraine B.V., a member of the Vitol group of companies, on the sale of 50% of shares in Geo-Alliance Oil-Gas Public Limited to gas producer Geo Alliance Group Limited. 

Vitol is an independent energy trader with an annual capacity to ship more than 350 million tonnes of crude oil and products. In 2020 the company's revenues amounted to USD 140 billion.

Asters’ team included Senior Partner Armen Khachaturyan, Partners Yaroslav Petrov, Alexey Pustovit, and Constantin Solyar, Counsels Olena Radko and Maksym Tereshchuk, and Senior Associate Yurii Dmytrenko.

Asters could not provide additional information on the deal.

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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.

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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.

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Firm's website: www.avellum.com

 

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