On June, 27, 2023 Kesarev and Schneider Group held a hybrid event devoted to divestments from Russia, where the speakers shared the practical insights into share transfers and dividend payments.

Local management buy-outs and the sale of assets to Russian investors have been the most common approaches used by foreign companies withdrawing from the Russian market in recent times. This event unfolded main steps involved in structuring transactions and dividends payments and draw attention to the key and potentially problematic issues that may arise during the process.

Kesarev partners Vitaly Zhigulin and Philippe Pegorier discussed regulatory and practical developments in government and Presidential approvals for M&A deals with foreign aspects.

Alexander Titov, Partner at Schneider Group, shared his views on legal requirements for M&A transactions, dividend payments involving unfriendly states.