Sayenko Kharenko's antitrust team has provided legal
assistance in obtaining merger clearance with the Antimonopoly
Committee of Ukraine (the "AMC") for the
GBP 79 billion merger of the world's largest brewer
Anheuser-Busch InBev S.A./N.V. (AB InBev) with its
closest rival SABMiller plc (SABMiller). The
combined group will retain the name Anheuser-Busch InBev S.A./N.V.
following completion of the combination.
The combined company will have operations in virtually every
major beer market and an expanded portfolio that includes global,
multi-country and local brands, providing more choices for
consumers around the world. AB InBev will benefit from a
geographically diversified platform, with a stronger presence in
key emerging regions with attractive growth prospects, such as
Africa and Latin America.
AB InBev is a publicly traded company based in
Leuven, Belgium. The company's diverse portfolio of well over
400 beer brands includes global brands Budweiser, Corona, Stella
Artois; multi-country brands Beck's, Hoegaarden, and Leffe; and
local champions such as Chernigivske, Rogan and Yantar. AB
InBev's brewing heritage dates back more than 600 years,
spanning continents and generations. The company employs
approximately 200,000 people in more than 50 countries worldwide.
AB InBev sells its beers in over 100 markets. Ukraine is an
important market for AB InBev. With well over 2300 people working
across operations in Ukraine it is home to three breweries as well
as a local HQ and a Business Service Centre.
After examining the proposed transaction, the AMC has concluded
that its implementation poses neither threat to competition nor
significantly limits competition on any product market in
Sayenko Kharenko's competition team for the transaction
included counsel Maksym Nazarenko, associate Julia Kuyda and was
led by partner Vladimir Sayenko.
Sayenko Kharenko enjoys global reputation as a leading
Ukrainian law firm with an internationally oriented full-service
practice. The firm's leading market position builds on
continuous excellence of its highly specialized practice teams.
During the past two years, Sayenko Kharenko collected three of the
most prestigious professional excellence country awards, more
specifically, Law Firm of the Year by each of IFLR European Awards,
Who's Who Legal European Awards and Chambers Europe Award for
Excellence. Most recently, Sayenko Kharenko was crowned Ukraine Law
Firm of the Year by Who's Who Legal 2016, and shortlisted in
Russia, Ukraine & the CIS category by The Lawyer European
Awards 2016 and Ukraine Law Firm of the Year category by Chambers
Europe Awards 2016.
To learn more about Sayenko Kharenko expertise and
experience, please contact
The Damages Directive, which seeks to promote and harmonise the private enforcement of EU competition law before national courts across the European Union – and which was first published in December 2014 after more than ten years of debate – was due to be transposed into national law by each Member State by 27 December 2016
Turkey's Court of Cassation recently held that the Consumer Court is the appropriate forum for a lawsuit filed by a consumer against a bank, seeking compensation for damages arising from the bank's competition law violation.
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