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Deal Date: 02-02-2015 Practice Area: Corporate and M&A
Deal Title: Algeria Fonds National d'Investissement Purchase of Omnium Stake Industry: Mobile Telecommunications
Description:
Shearman and Sterling advised Algeria's Fonds National d'Investissement, a strategic investment fund, on the acquisition of a 51% stake in Omnium Telecom Algerie SpA from Global Telecom Holding, a subsidiary of the VimpelCom group, for a price of USD2.643 billion. FNI was advised by Shearman and Sterling, with a team comprising of counsel Cyrille Niedzielski, partner Guillaume Isautier, associates Barbara Le Chapellier, Christophe-Marc Juvanon.
Financial Center: Paris Value: 1000.01-5000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction Algeria Acquiror Jurisdiction Algeria
Classification: Financial Buyer Acquisitions Primary Buy-Out
Lawyer Guillaume Isautier