Elias Neocleous & Co LLC advised the Zarenkov family on the Cyprus law matters in their disposal of a 25% stake in Etalon Group Plc.

In February 2019, our Financial Services team assisted the Zarenkov family on Cyprus corporate and financial services law matters in their disposal of a 25% shareholding interest in Etalon Group Plc to Sistema PJFC, a publicly-traded diversified holding company. Etalon Group Plc, one of Russia’s largest and longest established development and construction companies,  is a Cyprus public company having […]

Advice to Trafigura-UCP consortium on acquisition of Essar Oil Limited

The USD 12.9 billion purchase of India’s Essar Oil Ltd by a consortium including Trafigura, one of the largest physical commodities trading groups in the world, UCP Investment Group, an independent, private investment group and Rosneft, the leader of Russia’s petroleum industry, has now been formally completed. The Trafigura-UCP consortium and Rosneft each acquired a […]

USD 100 million super senior facility for Avanti Communications Group plc

Elias Neocleous & Co LLC acted as Cyprus counsel to Avanti Communications Group plc (LON:AVN) along with Milbank, Tweed, Hadley & McCloy LLP in respect of the USD 100 million super senior facility agreement dated 15 June 2017 between Avanti and its subsidiaries on the one hand and HPS Investment Partners on the other. In […]

Acquisition of WesternZagros Resources by Crest Energy International

On behalf of Crest Investment Company and Dentons Canada LLP we dealt with the Cyprus law aspects of the acquisition by Crest Energy International of all the outstanding shares of WesternZagros Resources Limited for a consideration of approximately USD 167 million. Crest Energy International is an affiliate of Crest Investment Company, a USA-based investment company […]