Sayenko Kharenko has acted as legal counsel to Getin Holding S.A. during the preparation, negotiation, and execution of a sale and purchase agreement regarding the sale of a 100 per cent stake in JSC “Idea Bank” (Ukraine) to TAS Group.
Sayenko Kharenko carried out comprehensive vendor due diligence of Idea Bank and provided full-scope transaction support on the seller’s side, including drafting and negotiating transaction documents and assistance with their execution. The deal’s completion is pending mandatory regulatory approvals.
Partner Alina Plyushch comments: “We are honoured to advise our long-standing client, Getin Holding S.A.,on this outstanding transaction. This is the first major transaction in Ukraine’s banking sector since the full-scale russian invasion of Ukraine, and it underlines the resilience and potential of Ukraine’s banking system despite the challenging circumstances”.
Getin Holding S.A. is listed on the Warsaw Stock Exchange. It is a Polish financial group operating on international markets via its subsidiaries. Getin Holding S.A. focuses on investment activity, seeking out and implementing projects both in Poland and abroad, particularly in the Eastern and South European markets. The group operates in the broadly understood financial market—in banking, financial intermediation, insurance, and leasing sectors.
TAS Group was established in 1998 as one of the first business groups in Ukraine. Since then, it has demonstrated consistent positive growth dynamics, becoming one of the largest financial and industrial groups in Ukraine. It specialises in banking and insurance services, logistics and leasing services, property development, venture projects, and more.
Sayenko Kharenko team for this project included partner Oleg Klymchuk, counsel Iryna Bakina and senior associate Tetiana Dyvak, associates Dmytro Zaiachkivskyi, Marian Mokryk, Alina Kylymenchuk and Vladyslav Novitskyi. Senior associate Zarina Khalimon led due diligence and general corporate matters. The transactional part of the project was led by counsel Dmytro Riabikin. Due to complexity, the project was co-supervised by partners Alina Plyushch and Oleksandr Nikolaichyk.
