About Us
FAQ
Global Law Experts Logo
Global Law Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

News Corp and Lidl Hire Borislav Boyanov & Co

posted 14 years ago

Sofia law firm Borislav Boyanov & Co has picked up two major cross-border mandates involving the purchase of Bulgarian assets by international companies.

 

The first deal saw Czech Republic-based TV company Central European Media Enterprises (CME) agree to purchase Bulgarian counterpart bTV as well as a 74% stake in Radio Company. The businesses are being sold by US media giant News Corporation for a cash consideration of $400m (€293.9m).

 

The total consideration will be paid on a cash-free and debt-free basis. The deal, which required clearance from the Bulgarian Commission for the Protection of Competition, is expected to close in the second quarter of 2010.

 

Borislav Boyanov worked alongside Allen & Overy for News Corp on the deal. Partners Peter Petrov and Don McGown led the respective teams for the Bulgarian and UK firms. Dewey & LeBoeuf (Jeffrey Potash) was counsel to CME.

 

The second mandate saw German discount food chain Lidl acquire the Bulgarian and Romanian branches of regional supermarket Plus. The deal covers 119 in shops in Romania and 20 in Bulgaria, although the total value is not confirmed. The seller is the Tengelmann Group.

 

Borislav Boyanov (Raina Dimitrova) worked for Lidl alongside Noerr, which acted as German counsel (Gerald Reger) and Romanian counsel (Joerg Menzer).

Author

Find the right Legal Expert for your business

The premier guide to leading legal professionals throughout the world

Specialism
Country
Practice Area
0
LAWYERS RECOGNIZED
0 m+
EVALUATIONS OF LAWYERS BY THEIR PEERS
0
PRACTICE AREAS
0
COUNTRIES AROUND THE WORLD

Join

0
who are already getting the benefits

Sign up for the latest legal briefings and news within Global Law Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GLE