IFLR1000

Monaco Telecom €260 million acquisition of MTN Cyprus

16/7/2018
Private acquisition
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€ 260 million

$ 304 million

Announced

16/7/2018

Overview:

  • MTN Cyprus is a Cypriot telecom subsidiary of South African MTN Group.
  • Parent company MTN Group wants to reduce its subsidiaries. 

Mihail Georgiev - Data analyst

Jurisdiction:

Cyprus

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Cyprus

Industry sector:

Technology and telecommunications

Firms:
Dr K Chrysostomides & Co

Party: Monaco Telecom (Acquirer)

Lawyer: Chryso Pitsilli-Dekatris

Freshfields Bruckhaus Deringer

Party: MTN Cyprus (Target)

Goodwin Procter

Party: Monaco Telecom (Acquirer)

Paul Hastings

Party: Monaco Telecom (Acquirer)

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