CC and Linklaters steer Celtel and MTC through acquisition

O'Connor, Joanne
April 2005
Lawyer;4/4/2005, Vol. 19 Issue 13, p7
Trade Publication
The article reports that Clifford Chance LLP and Linklaters assumed the lead roles on the $3.4 billion acquisition of African mobile telecom provider Celtel by Kuwaiti giant Mobile Telecommunications Co. (MTC). The acquisition, announced on 29 March, followed an auction process that saw major telecommunications providers from China and the Middle East battling it out to secure the deal. The deal was funded in part through cash and in part through debt provided by National Bank of Kuwait, UBS, CSFB and Barclays, all represented by Allen & Overy.


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