Orange Moldova acquisition of Sun Communications

18/10/2016

Public acquisition

Status:

Completed

Date:

18/10/2016

Overview:

Orange Moldova has acquired Sun Communications.
Sun Communications is a pay TV provider in Moldova with 100,000 customers. The company offers 172 channels.
Orange Moldova has 2.6 million customers in the country.
The transaction included the sale of shares by shareholders Lekert Management and Neocom.

Sam Duke - Editor

Jurisdiction:

Moldova

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:

Baker Botts

Party: Sun Communications (Target, Shareholder)

Schoenherr Moldova

Party: Orange (Acquirer)

Lawyer: Vladimir Iurkovski

Travers Smith

Party: Orange (Acquirer)

Lawyer: William Howard

Turcan Cazac

Party: Sun Communications (Target, Shareholder)

Lawyers: Alexander Turcan, Octavian Cazac

Vernon David

Party: Orange (Acquirer)

Lawyers: Diana Neagu, Maria Nica

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