M&A Back In Play

While foreign investors are very cautious towards Ukrainian assets and M&A deals are dramatically determined by the general investment climate in the country, lawyers have to monitor the situation and work out timely solutions for proposed deals.

We asked Vladimir Sayenko, partner of Sayenko Kharenko law firm, to share his vision of the M&A market from the perspective of a Ukrainian legal counsel.

UJBL: What are the key trends on the global M&A market?

Vladimir Sayenko: Global M&A activity remains at record low, with a reported 14% drop in volume and 9% drop in value of deals as compared to last year.

But the actual trends in the global M&A market are not quite what experts had predicted. You would expect that the political instability in Europe and continuous talk about the breakup of the Eurozone would push bargain shopping for distressed assets. That, however, was not the case. While global investors were scouring for cheap assets, with the yield potential