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T-Mobile Netherlands and Tele2 Netherlands join forces

16 Jan 2018

De Brauw has advised Deutsche Telekom on the acquisition of Tele2 Netherlands by T-Mobile Netherlands.

Client name
Deutsche Telekom.

Other parties involved
Tele2 Netherlands, T-Mobile Netherlands, Tele2 Sverige.

Nature of transaction
Acquisition of Tele2 Netherlands by T-Mobile Netherlands in exchange for EUR 190 million in cash and a stake of 25% in the combined business.

Value of transaction
Undisclosed but more than EUR 5 million.

Date deal
15 December 2017.

De Brauw involvement
Lead counsel.

Other advisors
Credit Suisse (financial adviser to Deutsche Telekom), J.P. Morgan (financial adviser to Deutsche Telekom), Rothschild (financial adviser to Tele2 Sverige), White & Case LLP, Clifford Chance LLP.

De Brauw lead partner
Lennard Keijzer.

De Brauw team
Pete Lawley, Rick van 't Wout (M&A), Paul Sleurink, Henk van Ravenhorst (Tax), Ferdinand Hengst (Finance), Mark Rebergen (Corporate), Barbara Kloppert (Employment).

Matter Type
M&A: Acquiror's Counsel
Industry
Technology, Media & Telecoms
News Category
Technology, Media & Telecoms
M&A