AVELLUM advised Allergan Inc.

AVELLUM advised Allergan Inc. in connection with the divestiture of its global generic pharmaceuticals business to Teva Pharmaceutical Industries Ltd through a complex cross-border carve-out.

Latham & Watkins LLP acted as global employment counsel to Allergan Inc, and Cleary Gottlieb Steen & Hamilton LLP acted as global corporate counsel to Allergan Inc., while AVELLUM advised on Ukrainian law matters, such as corporate, employment, personal data, and tax matters.

This is one of the largest M&A deals in the worldwide pharmaceutical market with a total value of approximately USD 40.5 billion.

AVELLUM team was led by the managing partner, Mykola Stetsenko, with significant support from associates, Yuriy Zaremba and Andriy Gumenchuk, on corporate, employment, and personal data matters, and senior associate Vadim Medvedev on tax matters.