14 May 2015
Egorov Puginsky Afanasiev & Partners Ukraine advises Avito Holding on the sale of torg.ua

Egorov Puginsky Afanasiev & Partners Ukraine acted as the Ukrainian legal counsel to Avito Holding in the sale of Ukraine’s leading classifieds free ads site torg.ua to MIH Allegro, a part of a global mass media corporation NASPERS. The parties have agreed not to disclose the purchase price.

EPAP Ukraine provided full transactional support in Ukraine, including negotiation of transactional documents, general advice on the Ukrainian law matters, in particular on intellectual property issues. The Firm’s antitrust team also assisted sell-side with obtaining merger clearance with the Antimonopoly Committee of Ukraine.

Avito Holding is one of the largest and fastest growing online classified platform in the world. Avito.ru is the largest online classified site in Europe and the world’s third largest free classified site.

The Firm’s team for the current transaction included Counsel Oleg Boichuk, Associate Nadiia Dmytrenko, and was led by Partner Oksana Ilchenko.

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