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Denuo advises Kismet Capital Group on obtaining regulatory approvals for acquisition of Avito

press releases
22 / 11 / 2022
Denuo has advised Kismet Capital Group, a Russian investment firm, on obtaining regulatory approvals for the RUB151 billion (approximately USD2.3 billion) acquisition of Avito, a Russian classified advertisements website, from Naspers, a South African technology group.

Clearance was granted by the Federal Antimonopoly Service of Russia and the Government Commission for Control over Foreign Investment in Russia in due course following the filing.

The Denuo team was led by Denis Gavrilov, partner and Head of Antitrust, assisted by senior associate Karin Ovakimyan, associate Alexander Silakov and paralegals Boris Dobronravov and Gleb Kiselev.
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