Baker McKenzie advises VEON and Verny Capital on the sale of Beeline Kyrgyzstan | Newsroom

Main international regulation agency, Baker McKenzie, has suggested Menacrest AG, a three way partnership between international digital operator, VEON Ltd (Nasdaq: VEON) and Kazakhstan-based private-equity fund, Verny Capital, on the sale of Sky Cellular LLC, working beneath the Beeline model in Kyrgyzstan, to Open Joint Inventory Firm, Eldik Financial institution.

The Baker McKenzie workforce was led by Companions Andrei Yorsh (Almaty) and Robert Grey (London). The broader Baker McKenzie workforce included associate Alexander Fischer (Zurich), counsel Alexander Korchagin (Almaty), affiliate Nikki Bradford (London), and affiliate Cathrin Marxer (Zurich).

Commenting on the transaction, London Company M&A Accomplice, Robert Grey, mentioned:

“Our multi-disciplinary workforce delivered seamless advisory providers throughout English, Kyrgyz, and Swiss regulation, exemplifying our dedication to cross-border collaboration, and leveraging the Agency’s international community to attain optimum outcomes for our shoppers in rising markets.”

Almaty IP Tech Accomplice, Andrei Yorsh, commented:

“This deal highlights the worth of our agency’s deep regional information and worldwide attain, notably in Central Asia. Baker McKenzie continues to strengthen its presence in high-growth areas, advising on a variety of company issues together with M&A, regulatory compliance, and cross-border investments.”