Sayenko Kharenko has obtained merger clearance from the Antimonopoly Committee of Ukraine for Denali Holding Inc.'s USD 60 billion acquisition of EMC Corporation, which the firm describes as "the largest technology merger in history."
According to Sayenko Kharenko, "Dell EMC, a part of Dell Technologies, enables organizations to modernize, automate, and transform their data centers using industry-leading converged infrastructure, servers, storage, and data protection technologies. Dell EMC brings together Dell’s and EMC’s respective strong capabilities and complementary portfolios, sales teams, and R&D. Dell EMC services its customers – including 98 percent of the Fortune 500 – with the industry's broadest, most innovative infrastructure portfolio from edge to core to cloud."
After examining the proposed transaction, the AMC concluded that its implementation posed neither threat to competition nor significantly limited competition on any product market in Ukraine.
Sayenko Kharenko's antitrust team on the matter was led by Partner Vladimir Sayenko and included Senior associate Valentyna Hvozd and Associate Ludmyla Smiyan.
