Public Joint Stock Company "Cherkizovo Group" (MISX:GCHE) reached an agreement to acquire CJSC Krasnobor from Russia Partners Management, LLC, founder of Krasnobor Arkady Levin and other minority shareholders for RUB 1.9 billion on December 27, 2021. The deal will cost RUB 1.9 billion including RUB 600 million of debt. As part of the transaction, Public Joint Stock Company will acquire 57.7% shares from Russia Partners, 24.5% from founder of Krasnobor Arkady Levin and the remaining 17.8% stake from minority shareholders. The transaction is approved by the FAS of Russia. Cleary Gottlieb Steen & Hamilton LLP acted as financial advisor and KPMG International Cooperative acted as accountant to Public Joint Stock Company.