CMS advised on high-profile acquisition of a stake in Moldova’s largest bank
CMS Cameron McKenna Nabarro Olswang in Kyiv announced that it has advised the EBRD and private equity firms AB Invalda INVL and Horizon Capital (the consortium) on their acquisition of a 41.09% stake in B.C. Moldova Agroindbank S.A, Moldova’s largest commercial bank, at an auction held by Moldova’s Public Property Agency.
It is expected that the consortium will bring the highest standards of corporate governance, new technologies and effective structures to strengthen the performance of Moldova’s leading bank, improve lending services for small businesses and support the wider economy.
The CMS team was led by Graham Conlon, managing partner of the Kyiv office and CEE/CIS Co-Head of International Private Equity, and counsel and corporate/M&A practice coordinator Tetyana Dovgan, with support from lawyer Diana Pysarenko.