Sayenko Kharenko has helped CMA CGM obtain merger clearance from the Antimonopoly Committee of Ukraine for the acquisition of two Spanish port terminals – in Valencia and Bilbao – through the purchase of a 49% stake in Cosco Shipping Ports Holding.
The CMA CGM Group operates in shipping and logistics. With a presence in 160 countries through 400 offices, 750 warehouses, 155,000 employees, and a wide fleet of 620 vessels, CMA CGM serves 420 of the world’s 521 commercial ports and operates 257 shipping lines.
According to Sayenko Kharenko, "a respective stake in Cosco will allow CMA CGM to expand its container terminal footprint in Europe and the Mediterranean and to support its end-to-end shipping and logistics inland solutions by the acquisition of two Spanish terminals – in Valencia and Bilbao."
The Sayenko Kharenko team included Partner Volodymyr Sayenko, Counsel Julia Kuyda, Associate Snizhanna Sheshliuk, and Junior Associate Svitlana Derkach.
