11 March 2022
EPAM Attorneys Provided Legal Assistance to AIK Banka, Gorenjska Banka and Agri Europe Cyprus in acquisition of shares of financial institutions in Central and Eastern Europe

EPAM’ attorneys provided legal assistance to European banks – AIK Banka, Gorenjska Banka and Agri Europe Cyprus – on Russian aspects of Central and Eastern European financial institutions’ shares’ acquisition. The overall value of the transaction totaling EUR 7.3 bn.

The legal work included advising on the issues related to collateral provided by the counterparty to secure their obligations, as well as on the drafts brand license agreements.

Completion of the deal is expected in 2022.

The legal support was provided by a team of lawyers from M&A and Corporate, Banking & Finance, Capital Markets and Intellectual Property including Partners Ilona Zekely and Pavel Sadovsky, Counsel Roman Malovitsky and Senior Associate Maxim Burda.

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