NEWS (August 7, 2015)

Dentons’ Kyiv office advises Turkcell on its acquisition of Astelit shares for USD 100 million

Dentons advised Turkcell, an integrated telecommunications and technology services provider, in Ukraine on the acquisition of SCM Holdings Limited’s (SCM) 44.96% stake in Euroasia Telecommunications Holding B.V. based in The Netherlands, in which Turkcell previously held a 55.04% stake. Euroasia owns 100% of Ukrainian mobile operator LLC Astelit, which operates under the brand “life:) on the Ukrainian mobile market. SCM’s 44.96% stake has been acquired by Turkcell for USD 100 million with a deal that was closed on 10 July 2015.

The Dentons Kyiv team was led by partner Adam Mycyk with significant input from associates Anna Tkachenko and Yaroslav Malomuzh.

 

 

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