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22 June 2011

Sayenko Kharenko – legal counsel on obtaining merger clearance for acquisition of German filtration systems provider

Sayenko Kharenko acted as a legal counsel in merger clearance with the Antimonopoly Committee of Ukraine (the "AMC") for the acquisition of the Begerow group of companies (the "Begerow group"), a leading system provider for advanced liquid filtration solutions, by Eaton Corporation Inc. ("Eaton"), a holding company of the Eaton group of companies.

The proposed acquisition allows the Eaton group to implement its strategic goals through expanding its product and brand portfolio.

After examining the proposed transaction, the AMC has concluded that its implementation poses no threat to competition nor significantly limits competition on any product market in Ukraine.

Sayenko Kharenko competition team for the current transaction included associates Maksym Nazarenko and Yulia Kuyda, was led by counsel Dmitry Taranyk and supervised by partner Vladimir Sayenko.

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