Asters Law Firm provided legal advice on Ukrainian merger control matters, including obtaining of the merger clearance from the Antimonopoly Committee of Ukraine, in connection with the acquisition by Actavis of control over Allergan, Inc. pharmaceutical company for USD 70.5 billion.
Following the acquisition of Allergan and the approval of the name change by shareholders Actavis announced that the company has adopted Allergan as its new global name. The combination of Allergan and Actavis created one of the world's top 10 pharmaceutical companies by revenue.
Asters' team advising on the project included Partner Igor Svechkar and Associate Sergiy Glushchenko.
Allergan, headquartered in Dublin, Ireland, is a unique, global pharmaceutical company and a leader in a new industry model – Growth Pharma. Allergan is focused on developing, manufacturing and commercializing innovative branded pharmaceuticals, high-quality generic and biologic products for patients around the world. With commercial operations in approximately 100 countries, Allergan is committed to working with physicians, healthcare providers and patients to deliver innovative and meaningful treatments that help people around the world live longer, healthier lives.
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 18 lawyers in the antitrust/competition team, our practice is the biggest in Ukraine. Asters partners Igor Svechkar and Alexey Pustovit 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, Mr. Oleksandr Voznyuk is a Co-Chair of Competition Commission of ICC Ukraine, while Asters partner Mr. Igor Svechkar is the chairman of the Competition Committee of the Ukrainian Bar Association and a deputy chairman of the Public Council of the Antimonopoly Committee of Ukraine.