First Ukrainian International Bank (PUMB) is the first bank in Ukraine, which started providing squeeze-out services to majority shareholders of joint stock companies, Ukrainian News reports.
Squeeze-out is a widespread global practice, during which the majority shareholder has the right to demand from minority shareholders to sell their shares, thus becoming the only owner of the company.
For buying out shares now, it is enough to report your intentions to minority shareholders and open the escrow account in PUMB, transferring the funds for payment of the cost of minority shares to it.
Not expecting for obtaining funds by other party, the owner becomes the sole owner of the authorized capital of the company.
