Viva Telecom €330 million acquisition of Vivacom

23/11/2015

Acquisition finance, Public acquisition

Value:

€ 330 million

Dollar value:

$ 367.639 million

Status:

Completed

Date:

23/11/2015

Overview:

Viva Telecom, a consortium led by Bulgarian businessman Spas Roussev has won a competitive auction to acquire Vivacom for €330 million from VTB Capital.
Vivacom is Bulgaria's largest telecoms operator.
VTB Capital was entitled to sell the company following a debt default.

Sam Duke - Editor

Jurisdictions:

Luxembourg
Bulgaria

Deal types:

Acquisition finance
Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:

Boyanov & Co

Party: Viva Telecom (Borrower, Acquirer)

Lawyer: Damian Simeonov

Elvinger Hoss Prussen

Party: VTB Capital (Seller)

Lawyers: Elisabeth Omes, Karl Pardaens

Schoenherr

Party: VTB Capital (Seller)

Lawyer: Alexandra Doytchinova

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