Riverwood and Blackstone to Acquire Metrotel for $190 Million
02.16.18
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The Firm is representing Riverwood Capital LLC (“Riverwood”) and Blackstone Group L.P. (“Blackstone”) in connection with their proposed acquisition of C.P.S. Comunicaciones S.A. (“Metrotel”) for $190 million from Sociedad Comercial del Plata S.A. and TDC Holdings S.A. The transaction is subject to regulatory approvals and customary closing conditions.
Metrotel provides telecommunications services in Argentina and operates one of the largest fiber optic networks in the City of Buenos Aires and surrounding area.
The Simpson Thacher team includes Todd Crider, Borja Marcos and Jiarui Li (M&A); Clare Gaskell and Emily Cornhill (M&A – London); Ismael Duran and Cristina Gonzalez (Credit); and Jonathan Goldstein (Tax).