AVELLUM acted as a legal

advisor to the seller regarding the sale of Karavan Hypermarket chain to Auchan

Group.

AVELLUM

provided the seller with legal support in preparation, negotiation and signing

of the transactional documents.

The

transaction was subject to obtaining a merger control clearance of the

Antimonopoly Committee of Ukraine.

Auchan Group operates 11

hypermarkets in five cities - Kyiv, Lviv, Odesa, Zaporizhzhia and Kryvyi Rih.

In addition, it is engaged in e-сommerce in Kyiv and the region. In Ukraine,

Auchan Group employs over 3,600 people.

Karavan Hypermarket chain

operates 9 stores with total area of over 58,000 sq.m., located in Kyiv,

Kharkiv, Dnipro, Chernivtsi and Zhytomyr. It employs approximately 3,300

employees.

The AVELLUM’s team involved

in this transaction was led by counsel Yuriy Nechayev, with support from

associates Yuriy Zaremba, Dmytro Tkachuk and Ilhar Hakhramanov, under the

general supervision of the managing partner Mykola Stetsenko.