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Kinstellar Advises Kyivstar on Helsi Acquisition

Kinstellar Advises Kyivstar on Helsi Acquisition

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Kinstellar has advised telecommunications operator Kyivstar on its acquisition of a controlling stake in digital healthcare company Helsi.

Veon subsidiary Kyivstar is a digital operator in Ukraine with about 25 million mobile subscribers and over 1.2 million home internet subscribers, as of June 2022. The company provides services related to mobile and fixed-line technologies, including 4G.

Helsi is a medical information system and a digital provider in the healthcare field in Ukraine, with over four million Helsi mobile application users.

"By signing the agreement with Helsi we see great potential to take the lead in the e-health industry," Kyivstar CEO Alexander Komarov commented. "Kyivstar is planning to expand its business and invest in the next three years in the development of digital eco-systems for the health of Ukrainians, developing new products, enhancing critical infrastructure, and creating new jobs."

The Kinstellar team was led by Partner Galyna Zagorodniuk and Counsel Natalia Kirichenko and included Senior Associates Danylo Rudyk and Ivan Shatov and Associates Andrii Kornuta and Olena Stanishevska.

Editor's Note: After this article was published, Sayenko Kharenko announced that it had advised Helsi's shareholders and management. The firm's team included Partners Vladimir Sayenko and Oleksandr Nikolaichyk, Senior Associates Ilhar Hakhramanov, Igor Pomaz, and Pavlo Kovalchuk, and Associate Nazarii Pylypchuk.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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