Law firm White & Case LLP has advised Novator on its acquisition of a 92 per cent stake in Nextel Chile, the fourth largest telecommunications provider in Chile.
The value of the transaction has not been disclosed. Novator is an alternative investment firm with a portfolio that is focused on four main sectors – telecommunications, pharmaceuticals, IT and renewable energy.
London-based White & Case partner Ian Bagshaw, who led the team which advised on the transaction, says: “Novator is a longstanding client and we were very pleased to support a successful acquisition that is very much in line with its investment strategy.”
White & Case previously advised Novator on its investment in Kenyan-based MODE, a technology company that provides mobile value added service solutions to mobile network operators worldwide.
The White & Case team in London which advised Novator was led by partner Ian Bagshaw and included partners Colin Harley and Prabhu Narasimhan with support from associates Thomas Leslie, Ben von Maur, Will Summers, David Nisbet, Reshma David and Sarah Bitcon and trainee lawyers George Kanelos and Oliver Arnott.
