“Darnitsa” was fined for the purchase of “Borshagovskyi  CPP” shares without the permission of the AMCU

“Darnitsa” was fined for the purchase of “Borshagovskyi CPP” shares without the permission of the AMCU

18.04.2016 News

The AMCU has fined the “Darnitsa” pharmaceutical company for more than 20 thousand UAH due to the violation of the law “On Protection of Economic Competition” in the form of the acquisition of 30% stake in the “Borshagovskyi  CPP”, JSC (Kyiv) without relevant regulatory approval.

This was reported by the press service of the AMCU.

As reported, in January 2016 the AMCU  allowed the “Darnitsa Pharmaceutical company”, JSC to acquire more than 50% of the shares of the “Borshagovskyi  CPP”.

The owner  of the “Darnitsa” pharmaceutical company – Gleb Zagoriy said that receiving the permission of the Antimonopoly Committee to purchase more than 50% of the “Borshagovskyi  CPP” , “Darnitsa” will be able to enter into negotiations with the majority of shareholders of the “Borshagovskyi  CPP”.

In turn, in a statement of the “Borshagovskyi  CPP”, it was reported that the company does not negotiate about selling a controlling stake and they involved the international consultants to provide references for the definition of value of the enterprise and to protect the enterprise from non-amicable actions.

The  auction, that was canceled several times,  took place at March 20, 2015, where Kiev sold its 30% stake of the “Borshagovskyi CPP” for 171.844 million UAH.

The shares of the company gained the financial company “Cube”, that represents the interests of “Darnitsa”. The trades were conducted by the “Perspective” Exchange. The initial price of the package amounted to 143 million UAH.

Source: delo.ua

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