Ropes & Gray, Allen & Overy, Latham & Watkins and local outfit Franklin have landed roles on French media giant Vivendi's €15bn sale of its phone unit SFR to European cable group Altice.
April 07, 2014 at 08:01 AM
1 minute read
The original version of this story was published on Legalweek
Ropes & Gray, Allen & Overy, Latham & Watkins and local outfit Franklin have landed roles on French media giant Vivendi’s €15bn (£12bn) sale of its phone unit SFR to European cable group Altice.
Altice won a bidding contest against French industrial group Bouygues S.A. to acquire SFR through its subsidiary Numericable Group. The deal is thought to be one of the largest leveraged finance deal in Europe since the collapse of Lehman Brothers in 2008.
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