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20 August 2020

Sayenko Kharenko advises DCH on the acquisition of Bank Credit Dnipro

Sayenko Kharenko has acted as a Ukrainian law counsel to Mr. Aleksandr Yaroslavskyi, owner and president of the DCH group, on the acquisition of 100 per cent shareholding in JSC “Bank Credit Dnipro” (Bank), for an undisclosed amount.

Sayenko Kharenko provided the full-scope legal support for the buyer, including legal due diligence of the Bank, assistance with preparation of transaction documents as well as regulatory support with obtaining approval from the National Bank of Ukraine for the acquisition of significant holding in the Bank. The approval was granted on 30 July 2020. As a result of the transaction, Oleksandr Yaroslavsky became the sole owner of the Bank.

DCH (www.dch.ua) is one of the largest and most dynamically developing Ukrainian business groups with a 20-year history. The investment portfolio of DCH group includes assets in such sectors as finance, industry, transport, development, etc.

The transaction was led by counsel Sergiy Kazmirchuk, with support from a number of Sayenko Kharenko’s corporate and M&A team members, including senior associate Tymur Enkhbaiar, associates Tetiana Dyvak, Ilhar Hakhramanov, Sviatoslav Kozak, Mykola Lykhoglyad, Andriy Tsyatsyak, Kostiantyn Zablotskyi, Angelina Danileyko and Daria Karlenko. The transaction was supervised by partner Vladimir Sayenko.

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