NEWS (April 19, 2021)

Asters advised Smart Holding on the closed sale of Unex Bank

Asters acted as a legal counsel to Withine Investments LTD (Cyprus), a subsidiary of Smart Holding (one of the largest industrial and investment groups in Ukraine) on the sale of 100% shares in JSC UNEX BANK to Dragon Capital Investments Limited (Cyprus) and Ivan Svitek completed on 15 April 2021.

The share purchase agreement of 100% of shares in JSC UNEX BANK was signed in December 2020.

The legal support of the transaction included, in particular, drafting of the share purchase agreement and other relevant transaction documents, and coordination of the execution and closing procedures.

Asters' banking & finance practice team advising on the project included senior partner Armen Khachaturyan and senior associate Maksym Tereshchuk.

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