Savencia SA (ENXTPA:SAVE) agreed to acquire a majority stake in Belebey Dairy from NERAL Group on October 17, 2017. The transaction is subject to regulatory and antitrust approval. Viktor Pakosta and Petr Sabatka of DLA Piper Rus Ltd. acted as legal advisor to Savencia SA. Savencia SA (ENXTPA:SAVE) completed the acquisition of a majority stake in Belebey Dairy from NERAL Group on December 22, 2017. As of December 22, 2017, the transaction has been approved by the competition authorities. YuniCredit Bank acted as financial advisor to Savencia.