Allen & Overy (A&O) advised Dutch telecoms group KPN on its £12.9bn joint venture with US telecoms company BellSouth to acquire German cellular operator E-Plus Mobilfunk. A&O also advised KPN on the £8.4bn loan from a banking syndicate led by ABN Amro and JP Morgan. Under the deal’s terms, KPN Mobile will hold 22.5% of the joint venture and 77.5% will be held by BellSouth. Corporate partners Alistair Asher and Steven Shuit led the team. Gleiss Lutz Hootz Hirsch, led by corporate partner Hans Joerg Scheer, supported. BellSouth was advised in-house, led by Russell Case and Dan Bradley. Baker & McKenzie advised in Germany and the Netherlands, led by corporate partner Rainer Stachels. Kilpatrick Stockton, led by corporate partner Stanley Blackburn, also advised BellSouth. Slaughter and May, led by banking partner Richard Slater, advised the banks on financing.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651