We advised Getin Holding, a Polish company listed on the Warsaw Stock Exchange, on the sale of its shares in Idea Bank, based in Belarus. On 1 April 2021 Getin Holding and its subsidiary Getin International completed the sale of their 99.999% stake in Idea Bank to MTBank for BYN 50,000,000.
Getin Holding S.A. Capital Group runs business operations in the eastern and southern European markets, where it controls several banks and leasing companies.
Sorainen advised Getin Holding on the Belarusian law aspects of the deal through all the stages involved, from the process of selecting suitors up to its completion. Sorainen’s team was led by senior associate Ann Laevskaya, supported by partner Kiryl Apanasevich, and also included senior associate Viktoryia Mikhnevich and associate Artem Melnikovich.