Successsful Closure of a deal in Africa

2016-09-05

We are pleased to announce the successful closure of a deal by the Corporate Advisory Division in the telecom industry in Tanzania, Africa.

Generation Alfa (Dubai) Ltd was the exclusive advisor of Shared Network International for the sale of 100% of its Tanzanian subsidiary (shared network Limited) to Vodacom Tanzania Ltd a subsidiary of Vodacom Group. Generation Alfa's advisory role entailed the following:

-Developed, marketed and launched a discrete sale process to target key local telecom players that were keen on strengthening their positions and maintain their growth in Tanzania;

-Restructured the Company's liabilities and debt like item;

-Hired the legal advisors and supervised the legal process;



-Negotiated and agreed on valuation, accounting methodology at completion and the necessary adjustments to the accounts;

-Negotiated and secured a very balanced SPA, despite Vodacom's dominant position and leverage in the market;

-Assisted the Company in submitting the applications for regulatory approvals;

-Managed the completion process;

We would like to congratulate the Corporate Advisory team and wish them continued success.




Generation Alfa (Dubai) Ltd is regulated by the Dubai Financial Services Authority