Niederer Kraft & Frey advises NJJ Capital SAS in its acquisition of Orange Communications SA, Switzerland
Apax and NJJ Capital SAS, Xavier Niel's private holding company, have agreed to sell mobile telecom operator Orange Communications SA for a total transaction value of CHF 2.8 billion (EUR 2.3 billion). The transaction is subject to customary regulatory approval and expected to complete by the end of Q1 2015.
Niederer Kraft & Frey has acted as Lead M&A and Regulatory Legal Counsel to NJJ Capital for the transaction, and as Swiss legal counsel to NJJ Capital for tax and financing related matters.