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Herbert Smith Freehills Advises Bidfiar USA in Merger Control Process Related to Acquisition of Sotheby's

Herbert Smith Freehills Advises Bidfiar USA in Merger Control Process Related to Acquisition of Sotheby's

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Lawyers in Herbert Smith Freehills's Moscow office have worked on the firm's cross-border team advising BidFair USA regarding the merger control aspects of its USD 3.7 billion acquisition of international auction house Sotheby's.

Lawyers in Herbert Smith Freehills' Brussels, London, and Moscow offices advised and represented BidFair USA in relation to the merger control filings to the European Commission and the Federal Antimonopoly Service in Russia. The team also coordinated the merger control filing to the Fair Trade Commission in Taiwan.

Clearances were secured in the European Union and in Russia, and the Fair Trade Commission in Taiwan declined jurisdiction, well ahead of the anticipated completion date, expected to occur in the last three months of this year.

HSF's Competition, Regulation and Trade group team consisted of Partner Kyriakos Fountoukakos and Senior Associates Camille Puech-Baron and Dafni Katrana in Brussels, Partner Mark Jephcott and Senior Associate Tom Kemp in London, and Of Counsel Evgeny Yuriev and Trainee Maria Akaemova in Moscow.

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