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ARTICLE · 13 NOVEMBER 2012

M&A Made In Ukraine

For a while, it seemed like any and all M&A transactions in Ukraine have ceased to exist.

UkraineCorporate/Commercial Law

For a while, it seemed like any and all M&A transactions in Ukraine have ceased to exist. Only recently did the Ukrainian M&A activities finally pick up, mostly due to Russian companies coming into Ukraine through Cyprus. Significantly, they all complied with the basic rules for acquiring Ukrainian companies, which are clearly set forth in the Law "On Joint Stock Companies" and related legislation on antimonopoly rules, taxation, etc.

And yet, there is still much undeveloped potential in Ukraine for the right investor. The rules for acquiring Ukrainian companies, and/or their components, are clearly set forth in the Law "On Joint Stock Companies".

In general, M&A transactions under Ukrainian law include mergers ("zlittya"), accessions ("priednannya"), separations ("podil"), extractions ("vydil") and transformations ("peretvoryennya"). In effect, mergers, accessions, separations and transformations will result in the termination of a legal entity. This means that

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