Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 06-02-2013 | Practice Area: | Corporate and M&A |
| Deal Title: | CVC purchase of Philippine Long Distance Telephone Company Outsourcing Business | Industry: | Fixed Line Telecommunications |
| Description: |
Leading international law firm Clifford Chance has advised Asia Outsourcing Gamma Limited, a company controlled by CVC Capital Partners, on its purchase of Philippine Long Distance Telephone Company's (PLDT) Business Process Outsourcing (BPO) business. The purchase price was in excess of USD300 million and is expected to close in March 2013, subject to government approvals.
Partner Neeraj Budhwani led on the deal.
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| Financial Center: | Hong Kong | Value: | 100.01-500.00 |
| Advised Party: | Private Equity Investor | Law Firm | Clifford Chance |
| Target Company Jurisdiction | Philippines | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | Neeraj Budhwani |
