The client was an international group of companies providing engineering, procurement and construction services to various industry sectors.
During the first stage, the client decided to change the ownership and management structure of its Russian subsidiaries. KIAP’s corporate team developed and conducted legal analysis of the implications of various options for such restructuring, taking into account the given management constraints and the specifics of the client’s business.
At the second stage, KIAP assisted the client in implementing the chosen restructuring option and provided advice on compliance with Russian law and Bank or Russia requirements regarding the transfer of shares in a public joint-stock company.
At the third stage, the client considered entering into an agreement with an international investment group. This transaction may have required a reallocation of shareholdings in one of the group companies, so KIAP was engaged to review the possible options for such restructuring.