Telekom Austria Group €120 million acquisition of blizoo

1/9/2015
Public acquisition

€ 120 million

$ 133.673 million

Completed

1/9/2015


Overview:

  • Telekom Austria has acquired blizoo for €120 million from EQT.
  • blizoo is Bulgaria's second largest cable TV provider with 373,000 subscribers and 1200 employees.
  • UniCredit acted as financial adviser with Deloitte acting on finance and tax matters.

Sam Duke - Editor

Jurisdiction:

Bulgaria

Deal type:

Public acquisition

Practice area:

M&A

Governing laws:

Bulgaria
Austria

Industry sector:

Technology and telecommunications


Firms:
CMS

Party: Telekom Austria (Acquirer)


Party: EQT (Seller)

Lawyer: Ed Harris


Party: EQT (Seller)

Lawyer: Ilko Stoyanov