Legal Week Reports
September 08, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Latham & Watkins’ London arm has won its first instruction from US telecoms giant Global Crossing – advising on the £74m sale of its submarine cable arm Global Marine Systems.
The transaction sees UK company Bridgehouse Marine pay up to £8.3m for the cable maintenance and installation business, as well as assuming £65m capital lease debt.
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