DPC advised the owner of Networx-Bulgaria, one of the leading TV and Internet service providers in the north part of Bulgaria, on the sale of 100% of the company’s shares to BTC.. The deal included also the Sofia-based internet and TV provider Online Direct, whose acquisition by Networx about a year ago was also advised by DPC.
DPC experts assisted the Seller in all stages of the negotiations and advised on various legal matters, including tax. The transaction documents were successfully signed at the end of April and currently regulatory approvals are pending.
DPC team included Hristo Nihrizov, partner and head of the TMT practice, and the M&A expert Rositsa Vasileva.