Clifford Chance advised Tele2 on its agreement with Deutsche Telekom to combine Tele2 Netherlands and T-Mobile Netherlands. Tele2 will hold a 25% share in the combined company and receive a cash payment of EUR 190 million upon closing. Based on current numbers, the company will have around 5 million mobile pre- and post-paid customers, combined revenues of around EUR 2 billion. The establishment of the combined company is subject to regulatory approval by the relevant competition authorities. The transaction is therefore expected to close in the second half of 2018.

Shearman & Sterling is advising Altice USA (NYSE: ATUS) on the announced separation of Altice USA from Altice N.V. (Euronext: ATC, ATCB). The separation will enable each business to focus more on their distinct opportunities for value creation and ensure more transparency for investors.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the independent directors of the Board of Directors of Altice USA Inc. in connection with its separation from Altice NV, which will now be renamed Altice Europe.

Shearman & Sterling advised Liberty Global plc on the completed split-off of Liberty Latin America Ltd. Liberty Latin America comprises Liberty Global’s operations in Latin America and the Caribbean that were attributed to its “LiLAC Group” tracking shares and has an enterprise value of approximately $9.3 billion.

Paul, Weiss represented Canadian agricultural products and services giant Agrium Inc. in its $36 billion merger of equals with Potash Corporation of Saskatchewan. The merger establishes a new parent company named Nutrien Ltd., which will be the world’s premier provider of crop inputs and services, employing more than 20,000 people across operations in 14 countries.

Simpson Thacher is representing musical.ly, a mobile platform for short form video, in connection with its merger into Bytedance, the Chinese online media giant (a/k/a “Toutiao”), at a price close to US$1 billion. After the closing of the transaction, musical.ly, being a wholly owned subsidiary of Bytedance, will continue to operate as an independent platform, integrating Bytedance's AI technology and leveraging its reach in China and key markets across Asia to enhance musical.ly's offering to users, creators and partners.

Shanghai – December 22, 2017 – Cooley advised the special committee of the board of directors of Crown Bioscience International, a global drug discovery and development services, company on its merger agreement with JSR Corporation, headquartered in Tokyo, Japan. The merger is expected to close before the end of second quarter of 2018.

Dechert LLP is advising Itiviti, backed by Nordic Capital Fund VII, on its intended combination with ULLINK to build a full service technology and infrastructure provider for global and regional financial institutions.

Paul, Weiss represented Canadian agricultural products and services giant Agrium Inc. in its $36 billion merger of equals with Potash Corporation of Saskatchewan. The merger establishes a new parent company named Nutrien Ltd., which will be the world’s premier provider of crop inputs and services, employing more than 20,000 people across operations in 14 countries.

Shearman & Sterling advised Liberty Global plc on the completed split-off of Liberty Latin America Ltd. Liberty Latin America comprises Liberty Global’s operations in Latin America and the Caribbean that were attributed to its “LiLAC Group” tracking shares and has an enterprise value of approximately $9.3 billion.