Shearman & Sterling advised TV and broadband company Liberty Global in connection with the sale of all of the shares in subsidiary Liberty Global Europe Financing BV to Swiss integrated communications provider Sunrise Communications for CHF6.3 billion ($6.3 billion).
Following the completion of a corporate reorganization, Sunrise will own all of the shares in certain Liberty Global subsidiaries comprising Liberty Global’s businesses and operations in Switzerland.
Liberty Global plc owns interests in broadband, distribution, and content companies operating outside the continental United States, principally in Europe. The company, led by Michael T Fries, Veenod Kurup and Bruce M Mann, in 2018 recorded $11,957 billion revenues.
Shearman & Sterling advised Liberty Global with a team including George Casey (Picture), Robert Katz, Harald Halbhuber, Lona Nallengara and Grace Jamgochian.
Involved fees earner: George Casey – Shearman & Sterling; Harald Halbhuber – Shearman & Sterling; Grace Jamgochian – Shearman & Sterling; Robert Katz – Shearman & Sterling; Lona Nallengara – Shearman & Sterling;
Law Firms: Shearman & Sterling;
Clients: Liberty Global;