Avellum advised arrangers J.P. Morgan Securities Plc and Raiffeisen Bank International AG, while DLA Piper advised Bakcell on the transaction.
PJSC MTS signed a binding agreement with Telco Solutions and Investments LLC, being under control of Azerbaijan’s Bakcell telecom company, which in turn is incorporated in NEQSOL Holding, on the sale of MTS business in Ukraine.
Under the agreement, MTS through its fully-owned subsidiary Allegretto Holding S.a.r.l. (Luxembourg) sells a 100% stake in Preludium B.V. (Netherlands), the sole shareholder of PrJSC VF Ukraine (the Vodafone Ukraine trademark), for $734 million, including deferred payment of about $84 million.
The Avellum team was led by Senior Partner Glib Bondar (Picture) and also included Partner Vadim Medvedev, Senior Associates Anton Zaderyholova, Tetiana Mykhailenko and Anastasiya Voronova, and Associates Yelyzaveta Kravtsova, Oleg Krainskyi, Anna Mykhalova, and Mariana Veremchuk.
The DLA Piper team consiste of Partners Illya Sverdlov, Galyna Zagorrodniuk, Oleksandr Kurdydyk, Senior Associate Dmytro Rylovnikov, Legal Directors Natalia Kirichenko, Dmytro Pshenychniuk, Associates Olena Stanishevska, Ivan Shatov, and Viktoriia Luganska, and Junior Associates Kateryna Tyshchenko and Andrii Falendysh, Partners Mark Dwyer, Ben Brown, Tony Lopez, Senior Associate Mei Mei Wong, Associates Elvis Dangol, Michael Graham and Elizabeth Baek.
Involved fees earner: Glib Bondar – Avellum; Oleg Krainskyi – Avellum; Yelyzaveta Kravtsova – Avellum; Vadim Medvedev – Avellum; Tetiana Mykhailenko – Avellum; Anna Mykhalova – Avellum; Mariana Veremchuk – Avellum; Anastasiya Voronova – Avellum; Anton Zaderyholova – Avellum; Elizabeth Bae – DLA Piper; Ben Brown – DLA Piper; Elvis Dangol – DLA Piper; Mark Dwyer – DLA Piper; Andrii Falendysh – DLA Piper; Michael Graham – DLA Piper; Natalia Kirichenko – DLA Piper; Oleksandr Kurdydyk – DLA Piper; Tony Lopez – DLA Piper; Viktoriia Luganska – DLA Piper; Dmytro Pshenychniuk – DLA Piper; Dmytro Rylovnikov – DLA Piper; Ivan Shatov – DLA Piper; Olena Stanishevska – DLA Piper; Illya Sverdlov – DLA Piper; Kateryna Tyshchenko – DLA Piper; Mei Mei Wong – DLA Piper; Galyna Zagorrodniuk – DLA Piper;