Fladgate advises AIM listed Caspian Sunrise on acquisition of Kazakh company 3A Best Group JSC


Our team: Paul Airley, David Baverstock


Fladgate advised AIM listed Caspian Sunrise plc on the acquisition of Kazakh company 3A Best Group JSC, for a consideration of US$24 million to be satisfied in shares.  3A Best holds an oil and gas licence covering 1,347km2 close to the Caspian port city of Aktau.  Completion is subject to the satisfaction of certain conditions including the issue by the Kazakh government of a new licence covering the area.

Capital markets partner Paul Airley led the Fladgate team, assisted by corporate associate David Baverstock.

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