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.

Ben Cook

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