Moravčević Vojnović and partners in cooperation with Schoenherr advised United Group B.V., a leading telecommunications and media provider in Southeastern Europe, on its agreement to sell SBB doo Belgrade, a leading alternative pay TV, broadband internet and fixed telephone services provider in Serbia, to e& PPF Telecom B.V.
In addition, the firm advised the client on the sale of the NetTV Plus business and its sports broadcasting rights for the Western Balkans (Bosnia and Herzegovina, Montenegro, North Macedonia and Serbia) to Telekom Srbija a.d. Beograd.
These transactions have a combined enterprise value of EUR 1.5bln and are subject to customary regulatory approvals.
United Group is a leading telecommunications and media group in SEE. Operating across eight countries with more than 15,000 employees, the Group achieves an annual revenue of over approx. EUR 3bln.
The Schoenherr team was led by Slaven Moravčević (partner) and further included Andrea Radonjanin (partner), Jelena Bezarević Pajić (partner), Jovan Barović (partner), Luka Veljović (attorney at law) and Vanja Tica (attorney at law).