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Ashurst, Davis Polk & Wardwell and Travers Smith have teamed up to advise NTL on its $6bn acquisition of Telewest.
Travers Smith and Ashurst acted as UK and regulatory counsel respectively. Davis Polk & Wardwell acted as the US counsel for the communications company. Fried Frank Harris Shriver & Jacobson acted as financing counsel to NTL.
Sullivan & Cromwell acted as the US counsel to Telewest while Freshfields Bruckhaus Deringer acted as UK and regulatory counsel to Telewest.
NTL acquired Telewest for about $6bn or $23.93 per share, creating the UK’s second largest communications company.
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