SoftBank Group has agreed to place a 473 million euro ($510 million) investment in Cubic Telecom Ltd. for a 51 percent equity stake in the telecommunications services company. The transaction, announced Dec. 4, is expected to close in the first half of 2024. Dublin-based Cubic Telecom was represented by a Davis Polk & Wardwell team including partners Dominic Foulkes, Paul Marquardt and Will Pearce. Counsel information for SoftBank was not immediately available.
Telecommunications
December 06, 2023, 10:22 AM