DLA Piper has advised, as co-counsel alongside Freshfields, on the acquisition by BT Group of TalkTalk’s wholesale and consumer business out of the administration.
TalkTalk provided telecommunications and broadband services to more than 2.5 million retail and wholesale customers across the UK. Its network supports organisations operating in critical sectors, including healthcare, emergency services, defence, education, transport, banking, and government, as well as vulnerable households.
Corporate partners Jonathan Paines and James Kerrigan led the team which has historically supported TalkTalk on its M&A activities, more recently working alongside Restructuring Partners Neil Riley and Rob Russell, and IPT partner David Booth. The wider DLA Piper team spanned the firm’s Competition, Corporate, Employment, Restructuring, Real Estate, and Tax practices supported them, including partners Richard Woolich, Rob Shaw, Sam Szlezinger, Gustav Lundin, and Erik Brändt Öfverholm.
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