AVELLUM Advises UniCredit on Disposal
of Shares in PJSC "Ukrsotsbank" in Favour of ABH Holdings S.A.
Kyiv, 7 November 2016 – AVELLUM advised UniCredit Group ("UCG") 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.
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
advised UCG on English law matters, while Rothschild and UniCredit Corporate
& Investment Banking acted as the financial advisers of UCG on this
"Ukrsotsbank" is one of the largest multifunctional banks in Ukraine with the
network of 237 retail branches.
is a leading European commercial banking group with an international network
spanning 50 markets. UCG operates in 17 European countries.
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 labour law