BOYANOV & Co. and KALO & ASSOCIATES Completed the Deal for the Acquisition of Telekom Albania

BOYANOV & Co. and KALO & ASSOCIATES Completed the Deal for the Acquisition of Telekom Albania

BOYANOV & Co. and KALO & ASSOCIATES, members of SEE Legal, advised Albania Telecom Invest (ATI), a joint venture of the businessmen Mr. Spas Roussev and Mr. Elvin Guri, on the acquisition of Telekom Albania from Cosmote, Greece (part of the Deutsche Telekom Group). BOYANOV & Co. advised ATI on the entire deal – participation in a sales auction, legal due diligence, negotiation of the sale and purchase agreement, escrow agreement and set of other transaction documents, as well as negotiation of the financing for the deal from First Investment Bank. BOYANOV & Co. worked in close cooperation with KALO & ASSOCIATES, Tirana who advised the buyer on Albanian law related matters. The deal was completed on 7 May 2019.

The SEE Legal team included partner Damian Simeonov and senior associate Ralitsa Nedkova from BOYANOV & Co. and partner Enkelejd Seitllari and executive partner Aigest Milo from KALO & ASSOCIATES.

BOYANOV & Co. and KALO & ASSOCIATES, members of SEE Legal, advised Albania Telecom Invest (ATI), a joint venture of the businessmen Mr. Spas Roussev and Mr. Elvin Guri, on the acquisition of Telekom Albania from Cosmote, Greece (part of the Deutsche Telekom Group). BOYANOV & Co. advised ATI on the entire deal – participation in a sales auction, legal due diligence, negotiation of the sale and purchase agreement, escrow agreement and set of other transaction documents, as well as negotiation of the financing for the deal from First Investment Bank. BOYANOV & Co. worked in close cooperation with KALO & ASSOCIATES, Tirana who advised the buyer on Albanian law related matters. The deal was completed on 7 May 2019.

The SEE Legal team included partner Damian Simeonov and senior associate Ralitsa Nedkova from BOYANOV & Co. and partner Enkelejd Seitllari and executive partner Aigest Milo from KALO & ASSOCIATES.