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Deal Date: 13-05-2013 Practice Area: Corporate and M&A
Deal Title: Cable & Wireless Communications JV with Columbus Networks Industry: Fixed Line Telecommunications
Description:
Slaughter and May is advising Cable & Wireless Communications Plc ("CWC") in connection with its strategic alliance with Columbus Networks Ltd ("Columbus") to develop their international wholesale capacity businesses. Under the alliance, which was announced on 13 May 2013, CWC and Columbus have formed a joint venture in the pan-America region. The joint venture will provide international wholesale capacity on the parties' substantial and largely complementary in-region sub-sea cable networks to third party carriers and the parties themselves. Columbus has a 72.5% majority share in, and management control of, the joint venture and CWC has a 27.5% share with minority protections. Corporate and Commercial: Andrew Jolly (partner), Paul Mudie (associate), Ross Davies (associate), Thomas Braiden (associate); Competition: Christopher Wright (special adviser), Judd Lurie (associate), Rhiannon Pugh (associate); IP/IT: Cathy Connolly (partner), Marianne Helps (associate).
Financial Center: London Value: 0.00-0.00
Advised Party: Joint Venture Party Law Firm
JV Party Jurisdiction United States JV Party Jurisdiction United States
Classification: Joint Ventures Continuing Business Partnership
Lawyer Andrew Jolly