FBK’s Managing Partner Boris Yatsenko Speaks at KAZAN LEGAL WEEK 2023

Boris has shared his assessment of the current state of the M&A market and its prospects under regulations that are getting stricter and stricter. The financial sector, the chemical and petrochemical industries, construction and real estate development have been more active than other sectors during the first four months of 2023. According to the expert, the market is still primarily driven by foreign companies leaving Russia. It is expected that the terms and conditions of such transactions will get more complicated and the value of assets will decrease because of possible splitting of transactions. Boris also spoke about the operation of a sub-commission of the Russian Ministry of Finance that issues permissions for investors from unfriendly countries to carry out transactions with their Russian assets.