Paris – Mayer Brown has advised Next Private B.V, subsidiary of Next Alt S.à.r.l, an entity controlled by Patrick Drahi, founder and majority shareholder of Altice Europe, the media and telecommunication group, on the structuring aspects of the purchase of all the Altice Europe common stock.
The public offer launched on September 11, 2020, for €4.11 in cash per share, valuing the group approximately €4,9 billion.
The offer will be submitted to the Dutch financial market authority and is expected to complete in Q1 2021.
Following the offer, Altice Europe shares will be delisted.
The Mayer Brown team was led by Tax Transactions & Consulting partner Laurent Borey and included Tax Transactions & Consulting counsel Nicolas Danan and associate Louis Nayberg (all Paris).