NEWS (March 11, 2011)

Sayenko Kharenko - legal counsel for the acquisition of Swissport Inc

Sayenko Kharenko provided legal assistance in merger clearance with the AMCU for the EUR 654 million acquisition of Swissport Inc., by PAI partners, the renowned Europe-based private equity group. Swissport is acquired in full from current owner Ferrovial.

The acquisition confirms the interest of PAI partners in the growing aviation sector. The sale will have no impact on Swissport’s current clients or its personnel.

The AMCU has concluded that its implementation poses no threat to competition and does not significantly limit competition on any product market in Ukraine.

Sayenko Kharenko’s competition team for the current transaction included counsel Dmitry Taranyk and associate Maksym Nazarenko, and was led by partner Vladimir Sayenko.

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