Sun, Apr
43 New Articles

Vasil Kisil & Partners Advises Lekhim on Technolog Share Acquisition

Vasil Kisil & Partners Advises Lekhim on Technolog Share Acquisition

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Vasil Kisil & Partners has advised Lekhim in its buy-out of minority shareholders in Technolog PJSC. As a result of the squeeze-out, more than 2.5 million shares of Technolog were credited to the account of the controlling shareholder, Lekhim JSC, on February 23, 2018.

According to Vasil Kisil & Partners, this procedure became available to dominant shareholders in Ukraine in June 2017. Both Lekhim and Technolog belong to the Lekhim group of pharmaceutical companies. According to VKP, "to optimize the shareholding structure and to improve the governance in Technolog, a group of shareholders, including Lekhim, used its right for a compulsory buy-out of shares from minority shareholders."

Vasil Kisil & Partners assisted with the squeeze-out procedure and advised on Lekhim's interaction with an independent appraiser, the National Securities and Stock Market Commission of Ukraine, a bank, and custodians. The firm's team included Partner Volodymyr Igonin, Associate Taisiia Asadchykh, and Junior Associate Artem Shmatov.


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


Our Latest Issue