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Igor Yakovlev sells his stake in Eldorado

August 2011

Client(s) Igor Yakovlev

Jones Day represented Igor Yakovlev, the founder of the Eldorado Group, in the sale of his 50 percent minus 1 share stake in the Eldorado Group, Russia's largest consumer electronics retailer, to its joint venture partner PPF Group, a Czech financial group. Jones Day had previously acted for the Eldorado Group in 2009 in connection with PPF Group's acquisition of a controlling sake in Eldorado in a $300 million debt-for-equity swap.

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