S&C was recognized for advising e& on its landmark acquisition and strategic partnership with PPF Telecom in Central Eastern Europe, which was named Asian Legal Business Middle East Law Awards’ “M&A Deal of the Year.”
e&, the UAE’s largest telecoms operator, earned the European Commission’s clearance under the Foreign Subsidies Regulation (FSR) to acquire a controlling stake in PPF Telecom Group’s assets in Bulgaria, Hungary, Serbia and Slovakia. This landmark case is the first in-depth merger investigation under the FSR and the first time the European Commission has accepted remedies in an FSR case.
The S&C team included John Horsfield-Bradbury, Juan Rodriguez, Umberto Hassan, Marielena Doeding and Daniela Hohwieler.