Carve-out of European and Russian assets of a large steel producer
Situation:
This client of PSK-Solutions was a shareholder of an international steel manufacturing holding. The client wanted to divide the business and break off relations with their business partner who had taken an unfriendly position.
PSK-Solutions’ role:
- Our team carried out a comprehensive due diligence of assets and an evaluation of the assets included in the deal perimeter;
- We developed options for structuring the deal and proposed outlines for the exchange of assets;
- PSK-Solutions team acted as a mediator during negotiations among the shareholders and their representatives, who held opposing positions on this issue, and set up the teamwork of lawyers who assisted in coordinating and signing all the documents for the deal.
Results:
A series of deals, which was developed and implemented thanks to our team, resulted in a successful division of the business with respect to interests of all shareholders.