Doing business responsibly

Frank­furt, 11 Janu­ary 2022

CMS Chile ad­vised KKR on the ac­quis­i­tion of a ma­jor­ity stake in the ex­ist­ing fiber op­tic net­work of Tele­fon­ica Chile, the largest in the coun­try. The aim is to cre­ate the first in­de­pend­ent and open ac­cess whole­sale fiber op­tic in­fra­struc­ture net­work avail­able to all cur­rent and fu­ture tele­com op­er­at­ors in the coun­try.The deal will bring great­er broad­band ac­cess, cre­at­ing a com­pet­it­ive mar­ket­place that be­ne­fits con­sumers and busi­nesses across the coun­try. Fiber-to-the-home con­nectiv­ity is con­sidered a ma­jor tech­no­logy up­grade as it is a ne­ces­sary step for next-gen­er­a­tion ap­plic­a­tions such as 5G de­ploy­ment, HDTV stream­ing and sym­met­ric­al ser­vices.The com­pany plans to ex­pand broad­band cov­er­age in Chile from 2 mil­lion homes today to a min­im­um of 3.5 mil­lion homes by 2023, and provide whole­sale ser­vice to more than 40,000 busi­nesses, tele­com towers and small cells. The trans­ac­tion is val­ued at ap­prox­im­ately USD 1bn. It was signed on 22 Feb­ru­ary 2021 and closed in Ju­ly 2021.The CMS Chile team that ad­vised KKR was led by part­ner Jorge Al­lende D. and in­cluded part­ner Ig­nacio Er­razquin, seni­or as­so­ci­ates En­rique Ver­gara and Se­bastián Bar­ros, and as­so­ci­ates Ri­cardo Celedón, Tomás Bar­ros and Pedro Al­lende. 

With big deals fuel­ling re­cord levels of M&A activ­ity, a steady stream of in­nov­at­ive and dis­rupt­ive tech­no­lo­gies, new and in­creas­ingly com­plex reg­u­lat­ory chal­lenges and a thriv­ing start-up com­munity...

In 2015, the Fourth Money Laun­der­ing Dir­ect­ive (Dir­ect­ive EU 2015/849) re­quired EU mem­ber states to set up re­gisters of the ul­ti­mate be­ne­fi­cial own­ers of leg­al en­tit­ies. That Dir­ect­ive has re­cently been...

CMS Funds Group Back to Ba­sics brief­ings in­tend to provide high level in­sights re­gard­ing funds fun­da­ment­als, funds vehicles and op­er­a­tion­al con­sid­er­a­tions New brief­ings are pub­lished on a reg­u­lar basis, cov­er­ing a spe­cif­ic jur­is­dic­tion or top­ic, and provid­ing ba­sic es­sen­tial tech­nic­al ex­plan­a­tions.

For a com­pact over­view of all CMS of­fices and con­tact de­tails, please down­load the bro­chure be­low. For more in­form­a­tion on our ser­vices, please refer to the coun­tries pan­el at the top of the page. We...

To have a sneak pre­view on our firm, please view our latest facts & fig­ure bro­chure. If you would like to learn more about our ser­vices in the coun­tries we are loc­ated, please open our coun­tries pan­el...

Ana­lys­is and com­ment­ary on glob­al dis­pute res­ol­u­tion trendsWel­come to our In­ter­na­tion­al Dis­putes Di­gest, a bi-an­nu­al pub­lic­a­tion fea­tur­ing ana­lys­is and com­ment­ary on the key trends cur­rently shap­ing the glob­al dis­pute res­ol­u­tion mar­ket. In these un­cer­tain times, glob­al busi­nesses in al­most every sec­tor are fa­cing chal­lenges brought about by an un­pre­ced­en­ted op­er­a­tion­al cli­mate. Ac­tions and de­cisions taken may be sub­ject to even great­er scru­tiny than nor­mal and, to­geth­er with new le­gis­lat­ive de­vel­op­ments around the world, we bring you the latest news on im­port­ant glob­al is­sues, op­por­tun­it­ies and chal­lenge.See be­low all edi­tions of the In­ter­na­tion­al Dis­putes Di­gest.

Stut­tgart – The share­hold­ers in the com­cross Group have sold shares in the com­pany to In­frat­ech Bau, a port­fo­lio com­pany held by H.I.G. Cap­it­al. With a cur­rent work­force of over 200, com­cross is a lead­ing...

Wel­come to the winter edi­tion of the In­ter­na­tion­al Dis­putes Di­gest, a bi­an­nu­al pub­lic­a­tion that ex­plores, ana­lyses and provides com­ment­ary on the latest trends in the world­wide dis­pute-res­ol­u­tion mar­ket.Des­pite...