Filip & Company has advised the Digi Group's Portuguese subsidiary on its acquisition of 100% of the shares issued by Cabonitel, S.A. at a value of EUR 150 million.
The deal includes the acquisition of Nowo Communications – the fourth-largest mobile and fixed telecommunications operator in Portugal, a company wholly owned by Cabonitel.
Earlier this year, Filip & Company advised Digi Group’s Spanish subsidiaries on a national roaming contract and a network and spectrum sharing contract with Telefonica Moviles Espana (as reported by CEE Legal Matters on July 17, 2024), on Digi's EUR 150 million senior facility granted to Digi Romania (as reported by CEE Legal Matters on June 14, 2024) as well as on Digi Group's EUR 117 million export credit facilities and EUR 50 million loan (as reported by CEE Legal Matters on May 27, 2024). Additionally, the firm advised Digi Spain on the sale of the FTTH network to Sota Investments for up to EUR 750 million (as reported by CEE Legal Matters on April 16, 2024) and, in 2023, on Digi Spain's acquisition of a package of spectrum licenses from Xfera Moviles (as reported by CEE Legal Matters on December 20, 2023).
The Filip & Company was led by Partner Alexandru Birsan and included Partner Olga Nita and Associates Anca Badescu and Gabriela-Bianca Gheorghe.
