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Sayenko Kharenko Advises HP on Acquisition of Samsung Printer Business

Sayenko Kharenko Advises HP on Acquisition of Samsung Printer Business

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Sayenko Kharenko advised HP Inc., the world leader in printing, on Ukrainian law matters related to its USD 1.05 billion acquisition of Samsung Electronics Co., Ltd.’s global printer business. 

According to Sayenko Kharenko, "the acquisition of Samsung’s printer business will expand HP's portfolio, accelerate its ability to disrupt the USD 55 billion A3 copier market with multi-function printers, and strengthen its leading A4 laser printing business. The deal included more than 6,500 print patents and a world-class workforce of nearly 1,300 researchers and engineers with expertise in laser technology, imaging electronics, supplies, and accessories."

Sayenko Kharenko reports that it "provided a wide-range transactional support on Ukrainian law matters, including advising on multiple corporate, contractual, regulatory, and employment law matters, rendering structuring advice, transactional support, and preparing documents for the local closing." The firm's team, which worked with Paul, Weiss, lead legal counsel to HP, Inc., worked under the supervision of Partner Vladimir Sayenko, was led by Counsel Oleksandr Nikolaichyk, assisted by Counsel Anzhela Makhinova, Associates Oksana Daskaliuk and Ivan Baranenko.

Image Source: hp.com

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