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