{"id":29295,"date":"2026-05-08T13:44:24","date_gmt":"2026-05-08T10:44:24","guid":{"rendered":"https:\/\/thedefender.media\/?p=29295"},"modified":"2026-05-12T11:08:28","modified_gmt":"2026-05-12T08:08:28","slug":"fire-point-edge-deal-update","status":"publish","type":"post","link":"https:\/\/thedefender.media\/en\/2026\/05\/fire-point-edge-deal-update\/","title":{"rendered":"AMCU denies receiving resubmitted Fire Point stake sale application, contradicting CEO\u2019s claims"},"content":{"rendered":"\n

Ukraine\u2019s Antimonopoly Committee (AMCU) has not received a resubmitted application regarding the acquisition of a stake in Ukrainian defence company Fire Point<\/a> by UAE-based defence holding EDGE Group. This was reported by Suspilne<\/a>, citing the AMCU\u2019s response to its inquiry.<\/p>\n\n\n\n

\u201cNo repeated application for merger clearance involving the entities mentioned in the request (EDGE Group and Fire Point LLC \u2014 ed.) has been submitted to the Committee during the current year,\u201d the AMCU said in its response.<\/p>\n\n\n\n

The statement contradicts comments<\/a> made by Fire Point CEO Iryna Terekh in an interview with Defender Media in March 2026. At the time, she said: \u201cThe committee returned our first application, so we added the necessary documents and submitted it again.\u201d<\/p>\n\n\n\n

\n
Read more<\/strong>: the full interview with Fire Point CEO Iryna Terekh<\/a><\/div>\n<\/div>\n\n\n\n

The intention of Fire Point\u2019s owners to sell a 30% stake to the UAE sovereign wealth fund first became public in December 2025. At that time, BBC News, citing sources within the company, reported that EDGE Group was ready to pay $760 million<\/a>.<\/p>\n\n\n\n

At the end of April 2026, discussions surrounding the deal surfaced in the so-called \u201cMindich tapes\u201d, transcripts of which were published by Ukrainska Pravda. According to the outlet, the Fire Point\u2013EDGE Group deal was discussed<\/a> last year by anti-corruption investigation figure Timur Mindich and then-Defence Minister Rustem Umerov.<\/p>\n\n\n\n

Later, Fire Point co-founder Denys Shtilerman responded publicly to the publication of the recordings<\/a>. Meanwhile, the Anti-Corruption Council under Ukraine\u2019s Ministry of Defence called on President Volodymyr Zelensky to nationalise the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fire Point CEO Iryna Terekh said in an interview with Defender Media in March 2026 that a new application had already been submitted<\/p>\n","protected":false},"author":3,"featured_media":24966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","_featured_category_order":0,"_article_badge":"featured","footnotes":""},"categories":[31],"tags":[881,1728,298],"class_list":["post-29295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","tag-fire-point","tag-investments","tag-investors","pmpro-has-access"],"acf":[],"yoast_head":"\nAMCU denies receiving resubmitted Fire Point sale application<\/title>\n<meta name=\"description\" content=\"Fire Point CEO Iryna Terekh said in an interview with Defender Media in March 2026 that a new application had already been submitted.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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