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Asters Advises Primestar Energy FZE on Acquisition of Ukrgazprombank PJSC

Asters acted as a legal counsel to Primestar Energy FZE, an international trading company with the headquarters in Dubai (the UAE), on the purchase of 100 % of the shares in Ukrgazprombank PJSC (Kyiv, Ukraine).

 

The legal support of the transaction included, in particular, advising on the competition and banking law matters, transaction structuring, drafting relevant transaction documents, and coordinating the execution and closing procedures of the transaction.

 

Asters' team advising on the project included partners Yevgen Porada and Alexey Pustovit, and associates Iryna Scherbyna, Olena Tsygulska and Andriy Zharikov.

 

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Primestar Energy FZE is a Dubai-based trading company dealing in raw materials within the hydro-electricity, natural gas and power plant industries worldwide. Primestar Energy FZE trades in coal, crude oil, steel, power plant raw materials and allied commodities internationally.

 

Banking and finance are the areas of Asters' core expertise. The Firm and its partners are noted as the best practitioners in Ukraine in this field by international peer review-based ratings such as IFLR1000, Legal 500, Chambers Global, Chambers Europe, etc. Asters' clients in the banking industry include international and local banks and financial institutions, trading and finance companies, as well as lenders, issuers, and borrowers in diverse banking and finance transactions.

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