11 November 2009
Hungarian Telecom obtaines the merger clearance from the AMCU
On October 28, 2009, Hungarian Telecom Cooperatief U.A. (Netherlands) was granted with the consent to the purchase of the shares in Invitel Holdings A/S (Denmark) which results in obtaining more than 50% votes in the highest governance body of Invitel Holdings A/S (Denmark).
The group of companies controlled by Invitel Holdings A/S is presented on the Ukrainian market of data transmission services and leasing network capacities.The amount of the deal is more than USD 10 million.
Legal support for obtaining the consent was provided by L&P’s team headed by Mrs. Iryna Marushko, Partner of the firm, and Mr. Dmytro Symanov, senior associate.