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DLA PIPER SUPPORTED DISCOVERY IN OBTAINING MERGER CLEARANCE FROM AMCU
DLA Piper Ukraine, Kyiv, Ukraine,Wednesday, August 13, 2014
DLA Piper provided legal support to Discovery Communications LLC, part ofthe Discovery Group - one of the worldwide leading company among documentarymedia groups, which broadcasts in Ukraine through Discovery Channel, inobtaining merger clearance from the Antimonopoly Committee of Ukraine (AMCU)for the acquisition together with Liberty Group (which owns and operates cablenetworking in 12 countries across Europe) of ALL3Media Holding Limited.
Through this concentration, which is a significant M&Atransaction at the European media market, Discovery Communications LLC and Liberty GlobalEurope Limited ensure joint control over All3Media Holdings Limited, thelargest UK's independent television company.
DLA Piper's team for this project was led by Margarita Karpenko, Managing Partner, and included Galyna Zagorodniuk,Legal Director, and Dmytro Tkachenko,Associate.
The concentration takes place outside of Ukraine though thiscase perfectly demonstrates the extraterritorial nature of Ukrainiancompetition law that requires any legal entity being present in Ukraine toobtain merger clearance from the Ukrainian Antimonopoly Committee for itstransactions taking place anywhere in the world. Except Discovery, otherparticipants of the transaction do not operate in Ukraine.
ENDS
Forfurther information:
Nataliya Tkachenko, MarketingManager, DLA Piper Ukraine LLC, Tel: +380 44 490 9579 orEmail: natalia.tkachenko@dlapiper.com
Notes to editors:
1. DLA Piper Ukraine LLC is part of DLAPiper, a global law firm with over 4,200 lawyers across more than 30 countries.From its offices across Asia Pacific, Europe, the Middle East and the UnitedStates, legal and business advisers provide a range of services to local,regional and international businesses. DLA Piper has been working in Ukrainesince 2005 under the leadership of Margarita Karpenko, Managing Partner. DLAPiper is awarded Foreign Law Firm of the Year 2014 in Ukraine at the LegalAwards Ceremony by The Yuridicheskaya Practika Weekly, a reputable Ukrainianlegal publication.
2. For further information about ourorganization and services, please visit our website: www.dlapiper.com. Pleasefollow us on Facebook.