Kirkland & Ellis is advising Telemach Slovenia, a subsidiary of United Group and a portfolio company of BC Partners, on the signing of a share purchase agreement with Garnol for the acquisition of business shares in T-2, securing at least 98.06% ownership in the company. The transaction will be completed upon receiving the necessary approvals. Through this transaction, Telemach Slovenia will initially acquire a non-controlling stake of 24.9% of T-2’s equity. After obtaining approval from the relevant regulators, Telemach Slovenia is set to acquire at least 98.06% of the shares in T-2 as per the terms of the signed share purchase agreement.

The Kirkland team was led by corporate partners Alvaro Membrillera, Tom Bartram and Monica Gemes and associates Athena Chuang, Stefano Castoldi and Jef Dupont; debt finance partner Kirsteen Nicol; and antitrust & competition partner Alasdair Balfour.