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Ukraine: AMC opens case on Skyrizon Aircraft Holdings

By  |  July 15, 2019

The Antimonopoly Committee of Ukraine (AMC) has begun consideration of cases on concentration in the deal on obtaining joint control over PJSC Motor Sich by Skyrizon Aircraft Holdings Limited (the British Virgin Islands) and Ukroboronprom state concern, the AMC announced on its website.

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    “These concentrations are the stages of a multi-stage transaction aimed at gaining joint control over PJSC Motor Sich by Skyrizon Aircraft Holdings Limited and the state of Ukraine represented by Ukroboronprom,” the agency stated.

    It stated the matter concerned three transactions: the purchase by Skyrizon of shares in the companies Granum Corporation (Panama), Likatron Enterprises Limited (Cyprus), and Reckoner Investment Holdings Limited (Cyprus), providing the buyer with more than 50% of the voting shares on the companies’ board.

    Full Content: Interfax

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