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Dentons and Cleary Gottlieb Advise on VTB Capital's Acquisition of Stake in Delimobil Holding

Dentons and Cleary Gottlieb Advise on VTB Capital's Acquisition of Stake in Delimobil Holding

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Dentons has advised VTB Capital on its USD 75 million acquisition of a minority stake in car-sharing company Delimobil Holding SA. Cleary Gottlieb advised the seller.

Delimobil Holding controls the Russian entities that own the Delimobil, Anytime, and Anytime.Prime brands.

According to Dentons, “the acquisition marks VTB Capital’s first foray into the car-sharing industry. Delimobil will use the capital raised in the transaction to fund its further development and strengthen its position in the Russian car-sharing market. Since 2019, VTB Group has been Delimobil’s partner in providing leasing financing for the expansion of its vehicle fleet.”

Dentons’ team included Moscow-based Partner Konstantin Kroll, Counsel Anton Kunashov, and Associates Olga Sokolova, Boris Belkin, Maxim Ignatov, Oxana Kravchenko, and Arsen Safaryan, Prague-based Partner Jiri Tomola and Associates Jarmila Hager, Martin Fiala, and Eva Klimova, Luxembourg-based Partner Namik Ramic and Associate Reda Faid, and Brussels-based Senior Associate Laurens Engelen.

Cleary Gottlieb's team consisted of London-based Partner David Gottlieb and Associate Daniel Tierney and Moscow-based Partner Yulia Solomakhina and Associates Dina Iskanderova, Andrey Lipin, and Anastasia Rozeeva.

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Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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