Cases & Deals

Igor Yakovlev sells his stake in Eldorado

Clients 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.