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Chadbourne Represents Bank of Cyprus in EUR 202.5 Million Ukrainian Sale

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Chadbourne & Parke has represented the Bank of Cyprus Public Company on the sale of its Ukrainian subsidiary, PJSC Bank of Cyprus (and associated debt), to Alfa Group, Russia’s largest privately owned banking group, for  EUR 202.5 million (USD 280 million).

The transaction was signed on February 5, 2014, and closed on April 17, 2014. Partner Charez Golvala, who led the Chadbourne team, said: “We are delighted to have advised Bank of Cyprus all the way through the sale process and to have helped bring the deal to a successful completion last week.”

The Chadbourne team working on the deal included Charez Golvala, Alexandra Neovius, Nonna Crane, Tetyana Dovgan, Sergiy Onishchenko, Oleksandra Soloviova, Anna Putintseva, Julia Dmitrieva, Olga Vorozhbyt, Anna Iakubenko, Henry Andreae, Peter Weiland, Kevin Atkins, Adam Mycyk, Paul White, Mykola Heletiy and Vitalii Mainarovich from Chadbourne’s London and Kyiv offices.

 

 

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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.

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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