Baker & McKenzie advises on telecoms sale

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Baker & McKenzie advises on telecoms sale

Baker & McKenzie is advising on the most recent privatization in Eastern Europe. In mid-October, the government of Croatia sold a 35% stake in its telecoms operator, Hrvatske Telekomunikacije, to Deutsche Telekom for $850 million. The sale to Deutsche Telekom followed a successful bidding competition with a consortium comprising Telia and Telenor.

Clive Cook, a partner at the Baker & McKenzie's London office, leads the team which represents the Croatian government.The team also includes telecoms partner Peter Strivens, associates Alan Ross and Michael Conradi (both regulatory) and associate Adrian Jones (corporate). Professor Joachim Scherer at the firm's Frankfurt office is responsible for regulatory advice. Law Office Filipovi, which specializes in privatization work, provides local law advice.

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