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Egorov Puginsky Afanasiev & Partners Ukraine advises Avito Holding on the sale of torg.ua
Egorov Puginsky Afanasiev & Partners,
Kyiv, Ukraine, Fri, May 15, 2015
Egorov Puginsky Afanasiev & PartnersUkraine acted as the Ukrainian legal counsel to Avito Holding in the sale ofUkraine’s leading classifieds free ads site torg.ua to MIH Allegro, a part of aglobal mass media corporation NASPERS. The parties have agreed not to disclosethe purchase price.
EPAP Ukraine provided full transactionalsupport in Ukraine, including negotiation of transactional documents, generaladvice on the Ukrainian law matters, in particular on intellectual propertyissues. The Firm’s antitrust team also assisted sell-side with obtaining mergerclearance with the Antimonopoly Committee of Ukraine.
Avito Holding is one of the largestand fastest growing online classified platform in the world. Avito.ru is thelargest online classified site in Europe and the world’s third largest freeclassified site.
The Firm’s team for the current transactionincluded Counsel Oleg Boichuk, Associate Nadiia Dmytrenko, andwas led by Partner Oksana Ilchenko.