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20 August 2019

Sayenko Kharenko advises GlaxoSmithKline on obtaining Ukrainian merger clearance for its acquisition of control of the Pfizer’s Consumer Healthcare business

Sayenko Kharenko antitrust team has acted as Ukrainian legal counsel to GlaxoSmithKline plc (GSK) in obtaining merger clearance of Antimonopoly Committee of Ukraine for its acquisition of control of Pfizer’s Consumer Health Business, creating the world leader in consumer healthcare with combined sales of approximately USD 12.7 billion. The deal was successfully completed in August 2019.

GSK is a science-led global healthcare company headquartered in Brentford, the UK.

Pfizer Inc. is one of the world’s premier innovative biopharmaceutical companies headquartered in New York, USA.

The brand portfolio created as a result of the transaction forms the world’s largest OTC business with leadership positions in pain relief, respiratory and vitamins, minerals and supplements, and therapeutic oral health.

Sayenko Kharenko antitrust team advising on the project comprised partner Valentyna Hvozd, senior associate Anastasia Bodnar and associate Snizhanna Savka.

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