FBK Legal team successfully finalised the engagement in re support of its client's mandatory tender offer
FBK Legal team has successfully finalised a mandatory tender offer procedure provided for under the Law on Joint Stock Companies. The engagement was carried out on behalf of the client – a leading company in heat and gas supply facilities engineering.
The engagement specifically included obtaining of approval of the mandatory offer and its follow-up results from the Bank of Russia, the corporate practice lawyers also assisted in obtaining a bank guarantee and acquiring shares as part of the offer and agreed with the Bank of Russia a request to acquire shares (up to 100 per cent)
According to Evgeniya Yusipova, the engagement leader, professional expertise of the corporate practice team facilitated stipulated time frame compliance, minimisation of the client’s costs associated with related paperwork (including obtaining a bank guarantee and carrying out other documentary operations) and successful finalisation of the engagement.
The engagement specifically included obtaining of approval of the mandatory offer and its follow-up results from the Bank of Russia, the corporate practice lawyers also assisted in obtaining a bank guarantee and acquiring shares as part of the offer and agreed with the Bank of Russia a request to acquire shares (up to 100 per cent)
According to Evgeniya Yusipova, the engagement leader, professional expertise of the corporate practice team facilitated stipulated time frame compliance, minimisation of the client’s costs associated with related paperwork (including obtaining a bank guarantee and carrying out other documentary operations) and successful finalisation of the engagement.
