Latham & Watkins advised VTB Bank (PJSC) as arranger and lender in connection with the £3 billion take private offer for KAZ Minerals PLC made by Nova Resources, a consortium formed by two of KAZ Minerals’ largest shareholders. The offer was announced to the market on 28 October 2020 and is to be implemented by way of a scheme of arrangement. Completion of the acquisition is subject to satisfaction of certain conditions, including the consortium receiving certain regulatory and antitrust clearances, which are anticipated to be obtained mid-2021.
The Latham team was led by Moscow based partners Ragnar Johannesen and Olga Ponomarenko, with associates Vladimir Mikhailovsky, Seb Tuohy and Alexandra Samsonova, and supported by a London corporate team led by partner Richard Butterwick and associate Douglas Abernethy.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.