Luther Luxembourg advised the Altice group in connection with its acquisition of the entire capital of Moroccan company Intelcia Group and its call center subsidiaries in Morocco, France, Cameroon and Senegal.
The deal was cleared by both the Moroccan and French competition authorities.
Luther Luxembourg advised the Altice group from a Luxembourg law perspective in relation to the corporate law and financing aspects of the transaction.
About Altice:
Founded by telecom entrepreneur, Patrick Drahi, Altice is a multinational cable, fiber, telecommunications, contents and media company with presence in four regions - Western Europe (comprising France, Luxembourg, Portugal and Switzerland), the United States, Israel and the Overseas Territories (currently comprising the French Caribbean, the Indian Ocean regions and the Dominican Republic). Altice provides very high speed based services (high quality pay television, fast broadband Internet and fixed line telephony) and, in certain countries, mobile telephony services to residential and corporate customers. Altice is also active in the media space with a portfolio of channels (News, Sports, Lifestyle…) as well as providing Premium content on nonlinear platforms; it also produces its own original content (Series, Movies…).
For Altice:
Luther Luxembourg: Eric Sublon (Managing Partner), Selim Souissi (Partner), Yann Spiegelhalter (Senior Associate), India Hammond (Associate), (all Corporate) and Laurent Massinon (Partner), Christina Nickel (Associate) and Charlotte Mortz-Kezic (Associate) (all Banking & Finance).
Other advisors: Franklin (France), El Amari & Associés (Morocco), Primerio International (Cameroun)
For Intelcia:
Norton Rose Fullbright (France and Morocco) and Core Africa Lawyers (Cameroun).
