White & Case has advised the lenders on the financing for the acquisition of Cellnex's business in Austria. Binder Groesswang reportedly advised the lenders as well. Schoenherr, working with Hogan Lovells, reportedly advised the sponsors.
Cellnex Telecom is a European operator of telecommunications towers and infrastructure.
The acquisition (as reported by CEE Legal Matters on August 28, 2024) is by a consortium comprising Vauban Infrastructure Partners, through its funds Core Infrastructure Fund IV SCSp and Core Infrastructure Fund IV SCA SICAV RAIF, EDF Invest, the investment arm of EDF Group, and MEAG, the asset manager of Munich Re and ERGO. The acquisition has been approved by regulatory authorities.
The White & Case team included Paris-based Partner Amaury de Feydeau and Associates Tsveta Pencheva, Jessy Laberty, and Charles Linel.
