Law GovLaw Gov

    Subscribe to Updates

    Get the latest legal news from from all around the world directly to your inbox.

    What's Hot

    The Asia Legal Briefing: Do British Firms in Asia Suffer From an Identity Crisis?

    August 12, 2022

    Destroying the Myth of the ‘Gladiator’ Lawyer

    August 11, 2022

    Freshfields Adds Ropes & Gray Partner for Second London Lateral Hire in a Week

    August 11, 2022
    Facebook Twitter Instagram
    Law GovLaw Gov
    • Privacy Policy
    • Guest Post
    • Terms
    • Contact
    Facebook Twitter Instagram
    SUBSCRIBE
    • Home
    • News
    • Law Firms
    • Legal Technology
    • Law Practice
    • Litigation
    • Regulation
    Law GovLaw Gov
    Home » Dorda Among Plethora of Firms Advising on DigitalBridge’s Acquisition of GD Towers

    Dorda Among Plethora of Firms Advising on DigitalBridge’s Acquisition of GD Towers

    July 21, 20222 Mins Read News
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Dorda has advised the DigitalBridge Group on its joint acquisition with Brookfield Infrastructure and its institutional partners of a 51% stake in GD Towers from Deutsche Telekom. E+H and Latham and Watkins advised the bidding consortium of GIP, KKR, and Stonepeak. Reportedly, Allen & Overy and Morgan Lewis also advised DigitalBridge, Freshfields and Weil, Gotshal & Manges advised Brookfield Infrastructure, while, on the sell side, Gleiss Lutz, Noerr, CMS, Schoenherr, Cuatrecasas, and Freshfields advised Deutsche Telekom on the deal.

    Closing is expected in late 2022, pending regulatory approval. According to Dorda, the transaction values GD Towers, the mobile telecommunications tower business of Deutsche Telekom, at EUR 17.5 billion, on a consolidated basis, including the assumption of net debt.

    According to the firm, “GD Towers is Germany’s largest tower company, owning 7,000 towers and communication sites in Austria and owning and operating over 33,000 towers and communication sites in Germany. GD Towers is led by an independent management team with decades of European tower company experience and a track record of delivering consistent growth and stable cash flows. GD Towers’ high-quality portfolio is supported by an anchor tenancy agreement with Deutsche Telekom, which will retain a minority 49% ownership stake in GD Towers following this transaction.”

    “The partnership being formed today is about building the next generation digital infrastructure champion of Europe,” said DigitalBridge CEO Marc Ganzi. “The combination of Deutsche Telekom’s leading mobile network and market position, alongside one of the largest real asset managers in the world in Brookfield, combined with the digital infrastructure domain expertise of DigitalBridge, creates a team of unmatched capabilities to support GD Towers as it grows to meet the evolving network demands of enterprises and consumers across Europe.”

    Dorda’s team included Partners Andreas Mayr, Gunnar Pickl, Thomas Angermair, Stefan Artner, Christoph Brogyanyi, Heinrich Kuehnert, Bernhard Mueller, Veit Oehlberger, Nino Tlapak, and Paul Doralt, Counsel Andreas Seling, Attorneys Patricia Backhausen, Florian Nikolai, Florina Thenmayer, Julia Haumer-Moerzinger, Alexandra Ciarnau, Julia Haunold, Magdalena Nitsche, and Stanislav Nekrasov, and Associates Philipp Paertan, Isabel Maurer, Philipp Fedan, Michael Hardt, Angelika Holzer, Mirko Marjanovic, Vivien Lux, and Jia Zhou.

    E+H’s team included Partners Marco Steiner, Karolin Andreewitch-Wallner, Judith Feldner, Philipp Schrader, and Ulrike Sehrschoen, Senior Associate Johannes Feilmair, and Associates Laura Glibusic, Titus Kahr, and Anna Talos.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    PwC Legal Advises VDV Packaging on Acquisition of Unipap

    August 11, 2022

    Karanovic & Partners Advises Hidden Harbor Capital Partners on Acquisition of Dayco

    August 11, 2022

    Wardynski & Partners and Deloitte Legal Advise on Bio-Rad Laboratories’ Acquisition of Curiosity Diagnostics

    August 11, 2022

    Havel & Partners and Rowan Legal Advise on IF Invest East Acquisition of Ostrava Airport Multimodal Park

    August 10, 2022

    RTPR Advises on Aqua Carpatica and PepsiCo Strategic Partnership

    August 10, 2022

    Greenberg Traurig and Dentons Advise on Marvipol Development's Sale of Three Residential Projects in Warsaw

    August 10, 2022

    Leave A Reply Cancel Reply

    Don't Miss
    Law Firms

    Destroying the Myth of the ‘Gladiator’ Lawyer

    Francesco MazzagattiAugust 11, 20220

    When the Chief Justice of Ontario, Canada’s largest province and home to two of its…

    Freshfields Adds Ropes & Gray Partner for Second London Lateral Hire in a Week

    August 11, 2022

    PwC Legal Advises VDV Packaging on Acquisition of Unipap

    August 11, 2022

    Proactive Steps to Mitigate Liability Risks to Your Practice

    August 11, 2022

    Subscribe to Updates

    Get the latest legal news from from all around the world directly to your inbox.

    Our Picks

    Karanovic & Partners Advises Hidden Harbor Capital Partners on Acquisition of Dayco

    August 11, 2022

    Wardynski & Partners and Deloitte Legal Advise on Bio-Rad Laboratories’ Acquisition of Curiosity Diagnostics

    August 11, 2022

    Jones Day Latest Firm To Increase London NQ Salary

    August 11, 2022

    Industry’s High Pay Should Be Celebrated, CMS Managing Partner Says

    August 11, 2022
    Law Gov
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Contact
    • Guest Post
    • Terms & Conditions
    © 2022 Law Gov. All rights reserved. Developed by Sawah Dev.

    Type above and press Enter to search. Press Esc to cancel.