Asters advises Nestlé on Ukrainian merger control aspects of two transactions with a total value of over USD 5 billion
Asters, Kyiv, Ukraine,
Thu, May 3, 2018
Asters provided legal advice to Nestlé, one of the world’s largest food and beverage company, in obtaining merger clearances from the Ukrainian competition authority in connection with:
- the acquisition of Atrium Innovations, a global leader in nutritional health products, from a group of investors led by Permira Funds for USD 2.3 billion in cash;
- the sale of U.S. confectionary business to Ferrero for USD 2.8 billion in cash.
Asters' team working on the transactions included partner Igor Svechkar and associate Pavlo Verbolyuk.
Asters' attorneys have profound knowledge and vast experience in the entire spectrum of antitrust issues that includes merger cases, concerted practices, abuse of dominance, unfair competition, etc. With 20 lawyers in the antitrust/competition team, our practice is the biggest in Ukraine. Asters Partners Igor Svechkar, Alexey Pustovit and Oleksandr Voznyuk are the leading practitioners in this area and represent Ukrainian and foreign clients in the most complicated and high-profile transactions and antitrust investigations. Asters lawyers closely interact and cooperate with the Antimonopoly Committee of Ukraine and are very active in the legal and academic community – in particular, Oleksandr Voznyuk is a chairman of the Competition Committee of the Ukrainian Bar Association and a Co-Chair of Competition Commission of ICC Ukraine, while Igor Svechkar is a member of the Competition Committee of the Ukrainian Bar Association and the Public Council of the Antimonopoly Committee of Ukraine.