Featured Galleries USUBC COLLECTION OF OVER 160 HISTORIC NEWS PHOTOGRAPHS HOLODOMOR: THROUGH THE EYES OF UKRAINIAN ARTISTS USUBC COLLECTION OF HISTORIC IGOR SIKORSKY PHOTOGRAPHS - INVENTOR OF THE HELICOPTER Ten USUBC Historic Full Page Ads in the Kyiv Post USUBC meeting with the New Ukrainian Ambassador to the US Volodymyr Yelchenko in Washington
Asters advised First Reserve Fund on acquisition of joint control over Finmeccanica's Ansaldo Energia
Asters Law Firm, 25 August, 2011
Asters has advised First Reserve Group, a private equity fund specializing in the energy industry, in merger clearance with the Antimonopoly Committee of Ukraine for acquisition of joint control over Finmeccanica SpA's Ansaldo Energia SpA, which is active in power generation systems and components.
First Reserve Fund XII, LP is an investment fund of the First Reserve Group, specializing in the energy industry, including oilfield services, energy infrastructure, and power and energy reserves. It generally targets investments in global energy companies with enterprise values of up to USD10 billion. Finmeccanica is an Italian undertaking whose main activities focus on aerospace, defence and security. Ansaldo Energia is a subsidiary of Finmeccanica active in the power generation systems and components sector whose customers include public sector agencies, independent producers and industrial companies.
Prior to transaction Ansaldo Energia SpA was solely controlled by Finmeccanica SpA. Pursuant to the agreement of the parties, a UK-based subsidiary of First Reserve Fund XII, LP acquires a 45% stake in and joint control over Ansaldo Energia SpA.
Asters' team working on the project included associates Tetiana Vovk and Olena Stepanenko, led by partner Igor Svechkar.
This project followed a number of recent merger clearance cases successfully handled by Asters antitrust team, including combination of VimpelCom Ltd. with Wind Telecom SpA to create world’s sixth largest mobile telecommunications provider.
Asters is a full-service independent national law firm. With more than 15 years of experience we have one of the longest track records on the country's young legal market. Nine partners lead a 100-strong staff with 55 lawyers making us one of the largest firms in Ukraine. We are recommended by the authoritative PLC Which Lawyer?, Chambers Global and Chambers Europe, The Legal 500, IFLR 1000, and Who's Who Legal and combine world-class standards of legal practice with established local expertise.For questions and feedback, please call us +380 44 230 6000 (contact person Olga Pikulska, PR/ Marketing Manager) or email us at email@example.com