SFR FTTH Network’s Acquisition of Covage

SFR FTTH Network's Acquisition of Covage

Bryan Cave Leighton Paisner, Mayer Brown, DLA Piper, Clifford Chance, and Freshfields advised on the deal.

SFR FTTH Network announced the acquisition of 100% of the capital of Covage, the fourth largest fiber network operator in France, for €1 billion, from the investment funds Cube Infrastructure and Partners Group.

SFR FTTH Network is an indirect joint subsidiary of Altice France and a consortium of investors formed by Allianz Capital Partners, AXA Investment Managers-Real Assets and OMERS Infrastructure, dedicated to the deployment of fiber in medium-density areas.

BCLP advised Altice France and OMERS Infrastructure with Julie Catala-Marty (Picture), Rémi Beydon, Victor Barruol and Laura Doumoulakis, Kai Volpel, Justine Langer.

Freshfields advised Altice France and OMERS with Jérôme Philippe, Charles Méteaut, Faustine Holderith, Guillemette Burgala, Radu Valeanu, Fabien Costa, Pascal Cuche, Louise Bragard and Ori-Enrique Ulloa-Castro.

The Mayer Brown team advised SFR FTTH Network and its shareholders on the structuring of the transaction with a team composed of Laurent Borey, Partner, Nicolas Danan, Counsel, Louis Nayberg and Alexia Artigas, Associates. 

DLA Piper advised Cube Infrastructure Fund & Partners Group with Edouard Sarrazin, Céline Espesson, Simon Charbit, Matthieu Lampel.

Clifford Chance advised Cube Infrastructure Fund & Partners Group with Katrin Schallenberg and Amélie Lavenir.

Involved fees earner: Victor Barruol – Bryan Cave Leighton PaisnerRémi Beydon – Bryan Cave Leighton PaisnerJulie Catala Marty – Bryan Cave Leighton PaisnerLaura Doumoulakis – Bryan Cave Leighton PaisnerJustine Langer – Bryan Cave Leighton PaisnerKai Völpel – Bryan Cave Leighton PaisnerAmélie Lavenir – Clifford ChanceKatrin Schallenberg – Clifford ChanceSimon Charbit – DLA PiperCéline Espesson – DLA PiperMatthieu Lampel – DLA PiperEdouard Sarrazin – DLA PiperLouise Bragard – Freshfields Bruckhaus Deringer LLPGuillemette Burgala – Freshfields Bruckhaus Deringer LLPFabien Costa – Freshfields Bruckhaus Deringer LLPPascal Cuche – Freshfields Bruckhaus Deringer LLPFaustine Holderith – Freshfields Bruckhaus Deringer LLPCharles Meteaut – Freshfields Bruckhaus Deringer LLPJérôme Philippe – Freshfields Bruckhaus Deringer LLPOri Enrique Ulloa Castro – Freshfields Bruckhaus Deringer LLPRadu Valeanu – Freshfields Bruckhaus Deringer LLPAlexia Artigas – Mayer BrownLaurent Borey – Mayer BrownNicolas Danan – Mayer BrownLouis Nayberg – Mayer Brown

Law Firms: Bryan Cave Leighton PaisnerClifford ChanceDLA PiperFreshfields Bruckhaus Deringer LLPMayer Brown

Clients: Altice FranceCube Infrastructure Fund OMERS Infrastructure;

Author: Ambrogio Visconti