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Kinstellar Advises Halyk Bank on USD 237 Million Cross-Border Fintech Deal with Click

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Kinstellar has advised Halyk Bank on a USD 237 million partnership with Click. Dentons reportedly advised Click.

Click is an Uzbekistan-based fintech platform. According to Kinstellar, under the terms of the deal, Halyk will acquire a 49% stake in Click for USD 176.4 million, while Click’s shareholders will acquire a 49% stake in Halyk’s Uzbek subsidiary, Tenge Bank, for USD 60.76 million. 

The Kinstellar team included Slovakia-based Partner Hugh Owen as well as further lawyers in Kazakhstan and Uzbekistan.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Firm's website.