“Our team’s competence will add value to your company;our professionalism and integrity will earn us your trust.
Together these qualities make us the reliable advisers and legal counsel you need for your business to grow.”
Our firm has been advising on a number of complex and noteworthy transactions under Cyprus law.
Mergers and Acquisitions
Chryssafinis & Polyviou has been the adviser of choice for an impressive range of M&A transactions, including some of the highest profile deals on the island.
Examples include the offshore acquisition of a Russian bank (€700million) and a Ukrainian bank (€80million) by a national institution – by far the largest overseas acquisitions by a Cypriot institution.
Our firm also advised on the biggest onshore deal (€288million), involving the acquisition of the leading construction company in Cyprus by an investment fund listed on AIM. The same team also defended a Cypriot bank against a hostile takeover bid by another, with the bid eventually being withdrawn.
International Corporate (Restructuring and Finance) Transactions
Over the last decade in particular, our International Corporate Department has offered legal guidance relevant to several major financial transactions.
Our team is currently advising on a €1 billion restructured finance transaction involving a group corporate structure with companies from Russia, BVI and Cyprus, whereby the Cypriot companies are acting as guarantors and are also providing security over their assets.
Earlier, our International Corporate Department was consulted on an international financing transaction worth over US$500million. In addition to providing legal feedback, the team examined all the required agreements and legal documentation from the Cyprus law perspective and issued a legal opinion while liaising and working closely with the respective lawyers in all the other jurisdictions involved in the transaction.
During the last few years, the same department legally supported the listing of a few Cyprus Public Companies on the London and Hong Kong Stock Exchanges. It was called upon to review and examine, from the Cyprus law perspective, all the required documentation (including applications and prospectuses).
In addition to this, our legal support was provided for the reconstruction and re-organisation of international corporate structures involving Cypriot companies. This included drafting, reviewing and advising on various agreements such as: inter alia, joint venture agreements, shareholders and share purchase agreements, escrow agreements, trusts and escrow arrangements, among others.
Our firm’s standing in the field of competition law is unchallenged. Led by Managing Partner Mr P G Polyviou, this team represented a national bank before the CPC during an investigation against the main commercial banks on the island.
In another high-profile case, the same is currently representing a multinational petroleum company with a presence in Cyprus in an ongoing investigation. They have also filed notifications, both for mergers and joint ventures, and obtained unconditional clearance for numerous transactions before the National Competition Authority.