Avellum has advised UniCredit Group (UCG) on Ukrainian law matters and Linklaters has advised UCG on English law matters in connection with the disposal of 99.9% shares in PJSC Ukrsotsbank in exchange for a 9.9% stake in ABH Holdings S.A.
As a result of this deal, UCG became a minority shareholder of ABH Holdings S.A., an investment holding company of the banking group of Alfa-Group, headquartered in Luxembourg.
Avellum describes PJSC Ukrsotsbank as "one of the largest multifunctional banks in Ukraine with the network of 237 retail branches," and describes UCG as "a leading European commercial banking group with an international network spanning 50 markets."
The Avellum team working under the supervision of Managing Partner Mykola Stetsenko was led by Counsel Yuriy Nechayev and included Associate Andriy Romanchuk. Additionally, Senior Associate Vadim Medvedev advised on tax law matters, Associate Yaroslav Medvediev advised on antitrust matters, and Associate Yuriy Zaremba advised on real estate and labour law matters.
The Linklaters team was led by Warsaw-based Partner Daniel Cousens and included London-based Associate Pavlos Kaimakliotis.
