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Interlaw Norway Firm Advises Telenor on Major Deal
Interlaw's strategic partner in Norway, Advokat Haavind, has advised Telenor on its agreement with Nordic Entertainment Group (NENT Group).
Telenor Group and NENT Group have agreed to the formation of a new company that combines Canal Digital and Viasat Consumer (satellite pay-TV & broadband-TV operations).
Telenor and NENT Group will each hold 50 percent of the new company. The combination generates a Nordic player with combined net sales of approximately NOK 7 billion and around 1.25 million subscribers (Q2 2019).
The Haavind partners working on the deal were Kjetil Hardeng, Arne Byberg and Andreas Vik (pictured above).
The transaction is subject to regulatory approval, and is expected to be completed during the first half of 2020.