May 28, 2021

DPC advised the seller in the acquisition of Networx-Bulgaria by BTC

The deal included also the Sofia-based internet and TV provider Online Direct.

DPC advised the owner of Networx-Bulgaria, one of the leading TV and Internet service providers in the north part of Bulgaria, on the sale of 100% of the company’s shares to BTC. The deal included also the Sofia-based internet and TV provider Online Direct, whose acquisition by Networx about a year ago was also advised by DPC.

Our experts assisted the Seller in all stages of the negotiations and advised on various legal matters, including tax. The transaction documents were successfully signed at the end of April and currently regulatory approvals are pending.

DPC team included Hristo Nihrizov, partner and head of the TMT practice and the M&A expert Rositsa Vasileva.

Hristo Nihrizov

Working his way from a summer trainee to a partner at DPC, Hristo Nihrizov has taken part in some of the most groundbreaking projects in the sectors of telecommunications and banking & finance implemented in the region over the last 15 years.

Rositsa Vasileva

Rositsa is a gifted and compassionate lawyer, able to step into the client’s shoes in order to find the solution that suits them best. An exceptional team player, she has quickly become indispensable for DPC employment, corporate, and competition projects.

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