Franklin has advised the Altice group on selling its operations in Belgium and Luxembourg (the Coditel Group) to the Telenet group, for an enterprise value of 400 million euros.
The deal is subject to clearance by Belgian competition authorities.
Franklin’s team was composed of:
- Partner Kai Völpel, assisted by Paloma Champilou and Paul Ast, advising on transactional and corporate law aspects,
- Partner Julie Catala Marty, assisted by Quentin Soavi, advising on competition law aspects.
Franklin was assisted by the law firms Altius in Belgium and Luther in Luxembourg.
Telenet was advised by Belgian law firms Freshfields Bruckhaus Deringer, with Partner Deborah Janssens, assisted by Fréderic Elens, Jan-Willem Geeroms and Saloua Ouchan, advising on transactional aspects, and Crowell, with Partner Thomas de Meese, assisted by Grégoire Ryelandt, advising on competition law aspects.
