Sayenko Kharenko acted as legal counsel to a foreign investment fund on the sale of a blocking shareholding in Public Joint-Stock Company "Bank "Kyivska Rus" (the "Bank") to a group of Ukrainian companies, affiliated with the Bank’s Chairman of the Board, Victor Bratko.
Sayenko Kharenko provided full transactional support, including general advice on Ukrainian banking and corporate law matters, deal structuring, development and negotiation of all transactional documents, and assistance with closing.
Public Joint-Stock Company "Bank "Kyivska Rus" was established in 1996 and is Ukraine’s 31st largest bank by assets value.
Sayenko Kharenko has an excellent track-record of advising on banking M&A deals. Most recently, the firm advised on the acquisition of 100% stake in Kreditprombank; on the sale of Bank Forum by Commerzbank; on the acquisition of Volksbank by Sberbank of Russia; on the sale of Accept Bank to SEB Group, and other projects.
Sayenko Kharenko's team for the current transaction included partner Michael Kharenko and associates Sergey Kazmirchuk and Oleksandr Nikolaichyk.