AVELLUM advised UniCredit Group

AVELLUM advised UniCredit Group on Ukrainian law matters in connection with the disposal of 99.9% shares in PJSC Ukrsotsbank, an asset of UCG in Ukraine, in exchange for a minority stake (9.9%) in ABH Holdings S.A.

As a result of this deal, UCG became a minority shareholder of ABH Holdings S.A., an investment holding company of the banking group of Alfa-Group, headquartered in Luxembourg.

Linklaters advised UCG on English law matters, while Rothschild and UniCredit Corporate & Investment Banking acted as the financial advisers of UCG on this transaction.

AVELLUM team working on this project was led by a counsel, Yuriy Nechayev, with the significant support from an associate, Andriy Romanchuk, under the supervision of the managing partner, Mykola Stetsenko. Additionally, Vadim Medvedev, a senior associate, advised on tax law matters, Yaroslav Medvediev, an associate, advised on antitrust matters, and Yuriy Zaremba, an associate, advised on real estate and labor law matters.