News & Deals

sonyoptiarc-acquisition-clearance

Sony/Optiarc Acquisition Clearance

Borislav Boyanov & Co. represented Sony Corporation in obtaining a local merger clearance for the acquisition of sole control over the Sony NEC Optiarc joint venture.   Copyright picture: SONY

stiff-penalties-for-failing-to-notify-a-merger-to-the-bulgarian-competition-authority

Stiff Penalties for Failing to Notify a Merger to the Bulgarian Competition Authority

The new Protection of Competition Act levies penalties equal to 10% of the annual turnover for companies who have missed notifying the relevant authorities about a merger or an acquisition.     Copyright picture: pixabay.com

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10% of Annual Turnover is the Price to Pay for Entering into Prohibited Agreements and Abusing Dominance

Many managers in Bulgaria still wonder: ”What is wrong with discussing the price of your product or the cost of your raw materials with your competitors?”. The new Bulgarian Protection of Competition Act provides a clear and stark answer – it could cost your company 10% of its annual turnover.   Copyright picture: pixabay.com

new-sanctions-put-unfair-competition-and-misleading-and-comparative-advertising-at-the-top-of-corporate-compliance-list

New Sanctions Put Unfair Competition and Misleading and Comparative Advertising at the Top of Corporate Compliance List

How much does a marketing campaign cost? That may have been an easy question until recently, but with the new Protection of Competition Act, the answer may be that it will cost 10% of the company’s annual turnover.     Copyright picture: pixabay.com

the-new-bulgarian-protection-of-competition-act

The New Bulgarian Protection of Competition Act

This brief note is addressed to lawyers and lists the main developments occasioned by the adoption of an entirely new Protection of Competition Act in Bulgaria.     Copyright picture: pixabay.com

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A Practitioner’s Guide to Takeovers And Mergers in the European Union

The Bulgarian Chapter of the A Practitioner’s Guide to Takeovers And Mergers in the European Union edition of City&Financial Publishing.

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Representation for Fiat in Zastava Merger

Borislav Boyanov & Co. represented Fiat in obtaining Bulgarian merger clearance of its acquisition of the passenger vehicle manufacturer Zastava.     Copyright picture: Fiat

ges-acquisition-of-kelman-vital-signs-ams

GE’s Acquisition of Kelman, Vital Signs, AMS

Acting for General Electric, Borislav Boyanov & Co. obtained merger clearance for GE’s acquisitions of Kelman Limited, Vital Signs, and AMS.     Copyright picture: General Electric

pay-tv-merger-cleared-unconditionally-following-phase-2-proceeding

Pay-TV Merger Cleared Unconditionally Following Phase 2 Proceeding

Following a Phase 2 Proceeding, Borislav Boyanov & Co. obtained unconditional merger clearance in a landmark case concerning the two largest Pay TV operators in Bulgaria – Eurocom and CableTel – by Warburg Pincus. The case involved complex market analysis and collection of significant evidence. It proved that the transaction would not result in the […]

mechel-completes-acquisition-of-a-co-gen-power-plant-and-district-heating-utility

Mechel Completes Acquisition of a Co-gen Power Plant and District Heating Utility

Mechel International Holdings AG successfully completed the acquisition of controlling interest in a local power plant and district heating utility. Borislav Boyanov & Co. advised Mechel in relation to the acquisition, including the associated merger clearance and various related energy regulatory issues.     Copyright picture: pixabay.com

merger-clearance-in-wind-power-merger

Merger Clearance in Wind Power Merger

Borislav Boyanov & Co. successfully obtained clearance for ENEL’s acquisition of several companies dealing with renewable energy generation.   Copyright picture: ENEL

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Borislav Boyanov & Co. Represents DEGI in Merger Clearance for Commercial Property Acquisition

  Borislav Boyanov & Co. represented DEGI in the merger clearance procedure related to DEGI’s proposed acquisition of Mall of Sofia.   Copyright picture: Mall of Sofia

firm-acts-for-hvb-capital-partners-in-connection-with-comtrade-acquisition

Firm Acts for HVB Capital Partners in Connection with Comtrade Acquisition

Borislav Boyanov & Co. successfully obtained merger clearance for HVB Capital Partners’ acquisition of Comtrade, and its local subsidiary in Bulgaria NT CHS.     Copyright picture: HVB

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Practical Guide to National Competition – Bulgaria

The Bulgarian Chapter in the A Practical Guide to National Competition Rules Across Europe Second Edition, International Competition Law Series, Kluwer Law International

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Leading Bulgarian Industrial Batteries Manufacturer Energia AD Acquired by EnerSys (NYSE: ENS)

Borislav Boyanov & Co. advised EnerSys (NYSE: ENS), the world’s largest manufacturer, marketer, and distributor of industrial batteries on all legal aspects of the acquisition of majority stake of the capital of Energia AD, Targovishte – the leading Bulgarian manufacturer of industrial batteries. The acquisition was completed on the floor of the Bulgarian Stock Exchange […]

borislav-boyanov-co-acted-on-the-bulgarian-merger-control-aspects-of-the-acquisition-of-wolff-walsrode

Borislav Boyanov & Co. Acted on the Bulgarian Merger Control Aspects of the Acquisition of Wolff Walsrode

Borislav Boyanov & Co. advised Dow Chemical Co. on the Bulgarian merger control aspects of their acquisition of Wolff Walsrode. Dow Chemical is a worldwide producer of plastics and cellulose-based chemical products. Wolff Walsrode produces various chemical and synthetic products. The Bulgarian competition authority – the Commission for the Protection of Competition gave unconditional clearance for […]

borislav-boyanov-co-obtains-local-merger-clearance-for-the-acquisition-of-dow-jones-by-news-corporation

Borislav Boyanov & Co. Obtains Local Merger Clearance for the Acquisition of Dow Jones by News Corporation

The Commission for Protection of Competition (CPC) gave its clearance to News Corporation to obtain sole control over Dow Jones. Borislav Boyanov & Co. represented News Corporation during the merger clearance process. According to the press statement of the CPC Dow Jones presence on the Bulgarian market is de minimis; therefore, the concentration will not […]

borislav-boyanov-co-advises-gshl-on-the-acquisition-of-cska-sofia-football-club

Borislav Boyanov & Co. Advises GSHL on the Acquisition of CSKA, Sofia Football Club

Borislav Boyanov & Co. advised Global Steel Holdings Limited  on the acquisition of control over CSKA, Sofia one of the leading football clubs in Bulgaria. The firm’s team was involved in all aspects of the transaction, including due diligence, transaction structuring and merger clearance. In relation to the merger the Bulgarian competition authority for the […]

warburg-pincus-acquires-pay-tv-operator-eurocom-plovdiv

Warburg Pincus Acquires Pay-TV Operator Eurocom Plovdiv

Borislav Boyanov & Co. advised and represented Warburg Pincus (WP) in its acquisition of the largest Pay-TV operator in Plovdiv – Eurocom Plovdiv and its group (value above EUR 22 million). This acquisition, together with the acquisition of Eurocom Cable, made WP the largest player in the Bulgarian Pay-TV market. Borislav Boyanov & Co. were responsible for […]

borislav-boyanov-co-advised-enel-in-respect-of-its-acquiring-full-control-of-maritsa-east-3-power-plant

Borislav Boyanov & Co. Advised Enel in Respect of its Acquiring Full Control of Maritsa East 3 Power Plant

The firm advised Enel Produzione SA in 2003 on its participation as main sponsor together with the Entergy, USA in a €580 million project finance transaction involving the privatisation and modernisation of one of the biggest thermal power stations in Bulgaria (Maritsa East 3 Project). In a subsequent transaction Enel acquired the stake held by Entergy in the […]