CDH Legal Advisor on DealMakers' Private Equity Deal of the Year 2018

CDH played a pivotal role in the deal, acting as lead adviser to the open access fibre provider, Vumatel, on a series of potential exit processes which culminated in the multi-billion Rand two phase sale to CIVH and merger approval for the transaction. The transaction process was extremely intricate given the regulatory complexities and the high level of interest in the premier asset in its sector (fibre to the home), resulting in an innovative structured sale. The merger raised complicated vertical and horizontal issues in a sector of key strategic importance to the South African economy.

In addition to claiming the prestigious title of DealMakers' Private Equity Deal of the Year 2018, this transaction also won The Banker's magazine's Deal of the Year award in the High Yield and Leveraged Finance category for Africa.