Peter Petrov

Boyanov & Co. (Sofia)
Lawyer (Partner)

Peter Petrov is a partner with Boyanov & Co. and leads the firm’s competition practice in Sofia. He has represented clients a number of landmark merger cases in Bulgaria, in the finance, telecommunications, energy, pharmaceuticals, manufacturing, media, consumer goods, healthcare, tobacco, services and other industries. He is also actively involved in investigations of cartels and other prohibited agreements, defending clients before the Bulgarian competition authority and the courts, as well as in competition advocacy work. Among his publications are included chapters on Bulgaria in Kluwer Law’s Practical Guide to National Competition Rules across Europe, Rowley & Baker’s International Mergers, The Antitrust Process, City & Financial’s A Practitioner’s Guide to Takeovers and Mergers in the European Union, etc.

Articles

18934 Bulletin

Peter Petrov The Bulgarian Commission for the Protection of Competition cleared a merger in the glass packaging and manufacturing markets subject to exit of the acquired undertaking from the market segment in which the acquirer is dominant (Yalos Holdings / Ivaglass Manufacturers)

1933

The operation Yalos Holdings and Ivaglass Manufacturers are independent Cyprus holdings which control two glass manufacturing companies in Bulgaria - Droujba and Novo Staklo. Yalos Holdings proposed acquiring the whole of Ivaglass Manufacturers’ issued share capital. The markets The (...)

Peter Petrov The Bulgarian Commission for the Protection of Competition accepts brand divestiture remedies to prevent the creation of dominance in the whisky market (Pernod Ricard/Allied Domecq)

1988

The operation The operation relates to the acquisition of sole control by Pernod Ricard S.A. France, over Allied Domecq Plc., UK. The notified transaction relates to the implementation of a Scheme of Arrangement under the UK Companies Act 1985, whereby Pernod Ricard has submitted an offer to (...)

Peter Petrov The Bulgarian Competition Authority clears a merger between the two major daily national newspapers subject to divestiture obligations, limited tying and price control (Waz Media Group Bulgaria Holding EOOD/Media Holding AD)

1947

The operation The operation relates to the increase of the shareholding of WAZ Media Group Bulgaria Holding EOOD (a subsidiary of Westdeutsche Allgemeine Zeitung - WAZ Gruppe) in Media Holding AD from 30% to 60% of the issued share capital of the latter. WAZ and Media Holding are publishers of (...)

Peter Petrov The Bulgarian Commission for the Protection of Competition, in a multistep transaction involving the privatization of two thermal electric power plants, imposes conditions preventing the sale of the plants to a single buyer (OAO RAO EES Rossi / Toplofikacia Rousse)

3754

The operation The operation relates to a multistep transaction, where within the framework of a privatization procedure OAO RAO EES Rossi was proposed to acquired control of TPP Varna EAD and Toplofikacia Rousse EAD - two major thermal electric power plants in North-Eastern Bulgaria. The (...)

Peter Petrov The Bulgarian Commission for the Protection of Competition clears a merger in the payphones market subject to divestiture commitments (Bulgarian Telecommunications Company/Radio Telecommunications Company/Bulfon)

2389

The operation The notified operation consists of the acquisition of a 49% controlling stake by Bulgarian Telecommunications Company AD, in Radio Telecommunications Company OOD, with an option to acquire additional 12% from another shareholder, as well as the acquisition of 66% of the capital (...)

Peter Petrov The Bulgarian competition authority clears the acquisition of the incumbent fixed telecom operator subject to remedies, including ensuring interconnection with other operators and unbundled access to the local loop (Viva Ventures / Bulgarian Telecommunications Company)

2312

The operation The notified operation consists of the acquisition of a 65% controlling stake by Viva Ventures Holdings GmbH, a special purpose company established by Advent International, in the incumbent telecoms monopoly in Bulgaria - the Bulgarian Telecommunications Company. Advent (...)

Peter Petrov The Bulgarian Commission for the Protection of Competition cleared an acquisition of a major cement plant while imposing divestiture commitments to prevent further market oligopolization (Rhea Cement/Zlatna Panega Cement/Granitoid)

2412

The operation Notified transaction relates to the acquisition of a controlling stake by Rhea Cement Limited in the capital of two cement plants in Bulgaria - Zlatna Panega Cement AD and Granitoid AD. While Granitoid AD, at the time of the acquisition has stopped its activity for several years, (...)

Peter Petrov The Bulgarian Commission for the Protection of Competition allows a horizontal merger among two national insurance groups subject to commitments to liberalization of the offering of the “Green Card” insurance service (TBI Holding / DZI 2000)

2199

The operation The consortium between TBI Holding NV and DZI 2000 AD notified its intention to acquire control over the incumbent state owned insurance group DZI, in the framework of a privaitzation transaction. TBI Holding already controlled the Bulstrad insurance company, active in general (...)

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