- the Study was jointly organized and performed by 10 leading Belarusian law firms
- 59 M&A deals over the last 3 years have been studied transaction must have had a value exceeding the equivalent of EUR 500,000
- the previous study of that kind was conducted in 2010
Comments Maksim Salahub, advocate, partner with Sorainen: “The results of the Study demonstrated the evolution of the M&A sphere in Belarus. The last three years have revealed new trends: acquisition of local start-ups by global players in the IT sector, increasing interest from investors in projects in the China-Belarus “Great Stone” Park, and broader application of generally accepted international legal instruments. We observe the professional growth of deal participants and the convergence of transaction processes to international standards. It is also a pleasure to note the increased role and activity of private business and lack of significant one-time projects among the transactions analyzed – such as the sale of Beltransgaz OJSC or the privatization of major state-owned banks. We hope that the experience accumulated by the business community will contribute to the development of business in any economic environment”.