Advised on the sale of the blocking stake

The firm advised an investment company on the sale of a blocking stake in a distribution arm of JSC Belshina, a global leader in industrial tire production. The transaction involved the repurchase of the distributor’s UAB Beltyre blocking stake by Beltyre itself. The share repurchase was paid by contribution in-kind.

The transaction was successfully completed despite the regulatory peculiarities and complex shareholder issues.