Skip to main content
news
People sit at a bus station with an Ooredoo advertisement as they wait for a bus in Yangon, August 1, 2014. REUTERS/Soe Zeya Tun

CMS Cameron McKenna Nabarro Olswang has advised Qatari telecoms firm Ooredoo on its agreement to sell its Myanmar unit $576 million to Singapore vehicle Nine Communications, which was represented by Rajah & Tann and Allen and Gledhill.

This marked the second exit by an overseas mobile operator from Myanmar following last year’s military coup. Norwegian telecom company Telenor departed Myanmar in March.

The CMS team was led by London partners Chris Watson, Valentina Santambrogio, and Jacqueline Vallat. The Rajah & Tann partners involved in the deal included Chester Toh, Hiroyuki Ota, and Min Thein.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.