Simpson Thacher Represents KKR in SBB/Telemach Acquisition
Simpson Thacher is representing funds advised by Kohlberg Kravis Roberts & Co. in connection with its acquisition of the SBB/Telemach Group, a leading pay-TV and broadband operator in Southeast Europe from Mid Europa Partners. The transaction is expected to complete around year-end 2013, subject to antitrust and regulatory approvals.
SBB/Telemach Group operates in Serbia, Slovenia, Bosnia, Croatia, Montenegro and Macedonia and has around 1.7 million cable and satellite TV, broadband, fixed and mobile customers.
The Simpson Thacher team included Alvaro Membrillera, Anais Fritz, Kristyn Greene, Linford Coates and Sinjini Saha (Corporate); Ian Barratt, Nick Shaw, Kate Sinclair, Shahpur Kabraji, Anna Cumming and Dee Afolami (Credit); David Vann and Étienne Renaudeau (Antitrust), and Sean FitzGerald (Tax).