17
Wed, Aug
43 New Articles

Wolf Theiss and Yavuz & Uyanik & Akalin Advise on 4iG Acquisition of AlbTelecom

Wolf Theiss and Yavuz & Uyanik & Akalin Advise on 4iG Acquisition of AlbTelecom

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss and Yavuz & Uyanik & Akalin have advised 4iG Nyrt on the acquisition of an 80.27% stake in AlbTelecom from a subsidiary of Turkey's Calik Holding. Tashko Pustina reportedly advised the sellers. The deal was cleared by the Albanian Competition Authority on March 4, 2022.

Following 4iG's subsequent acquisition of One Telecommunications (as reported by CEE Legal Matters on April 5, 2022), Wolf Theiss advised 4iG on obtaining Albanian merger clearance.

4iG Nyrt is a Hungarian stock exchange-listed IT and Technology group.

AlbTelecom is a landline voice, internet, and TV provider in Albania. One Telecommunications is an Albanian mobile telecom operator.

Calik Holding is a Turkish privately held industrial group.

“We are pleased that AlbTelecom is now owned by a strategic investor committed to the company,” commented Calik Holding President Ahmet Calik. “By taking this opportunity, I would like to thank all employees of AlbTelecom for their efforts and dedication and we are confident that AlbTelecom will continue to achieve remarkable successes.”

Earlier this year, Wolf Theiss won the 2021 Deal of the Year award for Albania for this very transaction (as announced by CEE Legal Matters on April 7, 2022).

Wolf Theiss’ team included Sofia-based Partner Richard Clegg and Consultant Irina Dekova, Hungary-based Counsel Norbert Balint, and Albania-based Partner Sokol Nako and Associate Kristaq Profkola.

The Yavuz & Uyanik & Akalin team included Of Counsel Ali Can Kolay.

Wolf Theiss did not reply to our inquiry on the matter.

Turkey Knowledge Partner

NAZALI offers a broad range of services in the fields of Tax, Audit, Corporate and Commercial Law, Mergers & Acquisitions, Corporate Finance, Banking, Finance and Capital Markets, Protective Legal Services and Dispute Resolution, Personal Data Protection and Privacy, Social Security and Labor Law, Occupational Health and Safety, Competition Law, Intellectual Property Law and R&D, Compliance and White-Collar Crimes, Administrative Law, Real Estate Law, Customs and Foreign Trade, Accounting and Payroll, Financial Incentives and Advisory Services and Public Administration and Compliance through its partners, associates and consultants of different seniorities who have both public and private sector experience.

What sets NAZALI apart from others is that NAZALI offers a truly comprehensive service to its clients with experts from different disciplines working collaboratively as a team under one roof enabling us to evaluate all dimensions of legal matters together with financial and technical matters.

The services that NAZALI provides to its clients include the most appropriate solution with the support of technical departments specialized in their fields. In this context, NAZALI associates are supported by NAZALI technical team and work alongside the experts in the fields of finance, social security and customs matters. NAZALI has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

As conditions continuously evolve, NAZALI always aims to further itself remaining true to its motto “GROW WITH KNOWLEDGE” and has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

Firm's website: http://www.nazali.com

Our Latest Issue