Avellum has advised JSC Integrity Capital on obtaining the merger control clearance of the Antimonopoly Committee of Ukraine for its acquisition of shares in Lanita Invest – an indirect co-owner of the Ocean Plaza shopping and entertainment complex in Kyiv.
Following this transaction, Integrity Capital has itself become an indirect co-owner of Ocean Plaza. According to Avellum, the other significant co-owner of Ocean Plaza is the State of Ukraine. "It is anticipated that the State’s share will soon be offered for sale in an upcoming public auction," Avellum reported.
"This transaction illustrates the enduring spirit and resilience of Ukrainian businesses and investors, who continue to push forward against all odds," Avellum Partner and Head of Competition Mykyta Nota commented. "We are honored to be entrusted with our clients’ most important matters."
The Avellum team was led by Nota and included Counsel Anton Arkhypov and Associates Veronika Humeniuk and Yulia Bulenok.