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CMS Advises 4iG on Vodafone Hungary Acquisition

CMS Advises 4iG on Vodafone Hungary Acquisition

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CMS has advised 4iG on the acquisition of Vodafone Hungary together with Corvinus Nemzetkozi Befektetesi representing the Hungarian state. Slaughter & May reportedly advised Vodafone.

According to CMS, “the transaction, valued at around HUF 660 billion (approximately EUR 1.67 billion), will see 4iG become the majority owner of 51% of Vodafone Hungary, while the Hungarian state will acquire a 49% stake. With this acquisition, 4iG will expand its activities and become a major player in mobile telecommunications in Hungary.”

“We are delighted to have advised 4iG on this transaction, which is one of the most significant deals in the telecommunications sector in Central and Eastern Europe in recent years,” CMS Partner Helen Rodwell commented. “The acquisition will allow the company to play an even greater role in the country’s digital transformation, and we were excited to have been part of it.” 

The CMS team was led by Rodwell together with Managing Director Dora Petranyi, Of Counsel Emma Tuppen, Consultant David Cranfield, and Associate Yavor Danailov and included lawyers from the firm's Budapest and other European offices.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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