Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 31-03-2011 | Practice Area: | Corporate and M&A |
| Deal Title: | IFC investment in OTKRITIE Financial Corporation | Industry: | Financial Services |
| Description: |
Hogan Lovells advised OTKRITIE Financial Corporation ("OTKRITIE"), one of the leading financial institutions in Russia, on its sale of a 15.7% stake in OTKRITIE Bank to International Financial Corporation (IFC), a member of the World Bank Group, for USD 100 Million.
The Hogan Lovells team was jointly led by Oxana Balayan, Managing Partner and Head of corporate practice in Moscow, and Richard Cowie, partner in corporate practice, and involved Nigel Read (Partner, London, corporate), Konstantin Kontievsky (Associate, corporate) and Bourn Collier (Associate, corporate).
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| Financial Center: | Moscow | Value: | 0.00-100.00 |
| Advised Party: | Target Company | Law Firm | Hogan Lovells |
| Target Company Jurisdiction | Russian Federation | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Minority Investment |
Lawyer | Oxana Balayan |
