April 2023 – Kinstellar, working with Morgan Lewis London, has advised TAWAL, the leading integrated ICT infrastructure provider in the Kingdom of Saudi Arabia, on the local law aspects of their successful bid to acquire the tower assets of United Group B.V., consisting of more than 4,800 towers across Bulgaria, Croatia and Slovenia, for EUR 1.2 billion. The closing of the transaction is subject to customary regulatory approvals.
Kinstellar assisted with due diligence, regulatory advice and local law support on the transaction documents in Bulgaria and Croatia, and ODI Law in Slovenia provided assistance on all Slovenian law aspects of the transaction.
The regional team was led by Diana Dimova, Partner in Sofia. The team in Bulgaria included: Of Counsel Radoslav Chemshirov (Co-head of the firm-wide Telecommunications service), Partner Nina Tsifudina, Senior Associate Denitsa Kuzeva, Counsels Mladen Minev and Svilen Issaev, Managing Associate Georgi Kanev, Senior Associate Anita Borisova and Associate Debora Dineva.
The team in Croatia included: Partners Edin Karakas and Duško Žurić, Counsel Daniela Mayer, Special Counsel Olga Sipka, Managing Associates Andrijana Kaštelan and Vedran Kopilović, and Associates Zrinka Ivanković, Tena Pajalić and Franciska Fadljević. Partner Tomáš Čihula in Prague assisted with the competition aspects.
In Slovenia the ODI Law team was led by Partner Tine Mišic and included Partners Susana Bončina Jamšek and Primož Mikolič, Senior Counsel Anže Arko, and Senior Associates Maša Drkušič, Klemen Eržen, and Matevž Fortin.