July 16, 2019
RGP advise AEON Corporation in connection with acquisition of Fincraft Holdings Limited from JSC Fincraft Resources
We are glad to announce the signing of the transaction documents on a deal in which RGP have represented the interests of LLC “NPO “Altair”, a member of AEON Corporation, with respect to the acquisition of Fincraft Holdings Limited (Fincraft). Fincraft is the largest shareholder in Petropavlovsk PLC.

As a result of this transaction, the private international investment group AEON Corporation continues to expand its investment portfolio, including in the mining and gold sectors. The Petropavlovsk group of companies is one of the largest Russian companies in this sector, whose roots date back to 1994. In addition, in 2002 Petropavlovsk PLC became the first Russian company in the gold mining sector that has placed its shares on the London Stock Exchange.

This transaction involved the following jurisdictions: Russia, England & Wales, Cyprus, Kazakhstan.

The head of RGP’s corporate practice Suren Gortsunyan led the RGP team on this transaction, Konstantin Mineev, counsel, worked on the matter, assisted by associates Marina Abazyan and Daniil Ivanov. In addition to RGP, AEON Corporation was advised in this transaction by Macfarlanes (Robert Boyle, Richard Fletcher, Christopher Orford and Willam Sykes), Zan Hub (Kazakh law: Aituar Madin, Karina Sultanaliyeva and Daniyar Sauranbekov) and Michael Damianos & Co (Cyprus law: Michael Damianos and Loukia Herodotou).

Roman Trotsenko, the Head of AEON Corporation, said “A seamless team of RGP and its partners in other jurisdictions has provided efficient representation of our interests in this complex transaction in an extremely short time frame, and we are pleased to continue our cooperation with the team that is known to us for many years presently as an independent international practice”.

“We are glad to be expanding our expertise in the mining sector and are grateful to represent in this transaction a client who has entrusted us their complex deals, projects and disputes for over 15 years”, – commented Suren Gortsunyan, the head of RGP’s corporate practice and the managing partner of RGP.

“This is another exciting project, which we carried out together with our long-standing client. Such cross-border transactions are a special focus for our team”, – added RGP counsel Konstantin Mineev.

The transaction was already reported by media – Reuters, Vedomosti, Kommersant, RBC.


Rybalkin, Gortsunyan & Partners (RGP) is an independent law firm established in 2018 in Russia, supporting clients from all over the world in their business dealings involving Russia and CIS countries. In addition, our firm offers unparalleled expertise in foreign legal matters to Russian companies with significant international presence.

We are a cohesive team of seasoned professionals, highly ranked in all aspects of dispute resolution and corporate work and with significant international expertise, gained in leading international law firms.

Our lawyers have worked on the largest corporate deals, investigations and disputes in the history of modern Russia and represented clients in 175 jurisdictions worldwide.

Contact person:

Maria Bannova, BD Manager

+7 (495) 139 65 00

Press contact