DLA Piper advises Telefónica on €321m sale of Argentinian TV channel
DLA Piper was instructed by Telefónica on the €321 million sale of Argentinian free-to-air channel Televisión Federal to Viacom.
Viacom was advised by Argentinian firm M&M Bomchill.
Televisión Federal reaches 95 per cent of all households in Argentina, a country with a population of 43 million.
Telefonica was also advised by Buenos Aires-based law firm A&F Allende Ferrante on the deal, according to Mergermarket.