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Alfa Bank acquisition of Ukrsotsbank

8/9/2016
Private acquisition
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Announced

8/9/2016

Overview:

  • Alfa-Bank acquired Unicredit's unprofitable Ukrainian arm,Ukrsotsbank, in exchange for 9.9% in ABH Holdings.
  • Alfa-Bank is a Russian lender; ABH is a Luxembourg holding company within its group 
  • Unicredit received financial advice from Rothschild and UniCredit Corporate & Investment Banking.

Ben Naylor - Regional editor 

Jurisdictions:

Luxembourg
Ukraine

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Banking

Firms:
Avellum

Party: Unicredit (Seller)

Lawyers: Mykola Stetsenko, Yuriy Nechayev

Linklaters

Party: Unicredit (Seller)

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