| This deal comprised the acquisition of an important player in the Greek telecommunications market, Cyta Hellas, by Vodafone Hellas, followed by the merger of the companies (by means of absorption of Cyta Hellas by Vodafone Hellas), thus strengthening Vodafone’s position and market share in the Greek telecommunications market. This cross-border transaction included complex negotiations between the parties, including reaching an effective mechanism for the transition of the company’s systems and technology from one group to the other. In this context, our firm advised Vodafone Hellas through the due diligence exercise and the preparation of the necessary transaction documents up until the closing of the transaction, including the conclusion of a transitional services agreement to regulate the parties’ transitional relationship. Following completion, our firm also advised Vodafone Hellas in relation to the merger with Cyta Hellas by means of absorption of the latter by the former. |
