LPA Law Firm acted as an exclusive legal advisor for the buyer in a multi-million-dollar M&A transaction, whereunder our client, a Georgian entrepreneur, acquired 100% of beneficial ownership in “VEON Georgia LLC” (also known as Beeline Georgia) from VEON GEORGIA HOLDINGS B.V (a private limited company incorporated under the laws of the Netherlands). We assisted the client in all respective processes, ranging from obtaining clearance from Georgian National Communications Commission, acquiring partial financing from the banking institutions and executing and completing the transaction with the seller.
VEON Georgia LLC (Beeline Georgia) is a leading digital mobile operator on the Georgian market with considerable international experience and business processes based on the best standards of the global telecommunications industry. The new shareholder, together with the Company’s management are committed to continue developing the success of the company and to contribute to effective competition on the telecommunications market in Georgia.
LPA Law Firm represented the client in this transaction with partners Keti Toshkhua and David Kapanadze.